The Kerala-based company has demonstrated a disproportionately high share of operating profit from the superior-margin services business compared with new car sales, thanks to its strong last-mile network in the southern states.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment