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.
Global Market Today: Asia stocks edge higher, oil up amid Gulf confusion
Asian share markets followed Wall Street higher after a soft US jobs report. Oil prices increased slightly due to stalled Gulf peace talks and shipping