GAIL reported an 11% increase in standalone net profit for Q2 FY25, reaching Rs 2,672 crore. Revenue from operations saw a 3% rise, reaching Rs 32,931 crore. The company achieved an EBITDA of Rs 3,937 crore with margins at 11.6%. GAIL recorded its highest-ever half-yearly EBITDA, PBT, and PAT in H1 FY25.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction