Gail Q3 net jumps over three-fold to Rs 860 cr

Gail (India) said on Monday its net profit jumped over three-fold to Rs 860 crore (Rs 8.6 billion) for the quarter ended December 31, 2009, over the same period last year.

Turnover rose to Rs 6,187 crore (Rs 61.87 billion) for the third quarter ended December 31, against Rs 5,812 crore (Rs 58.12 billion) in the same period previous fiscal, Gail (India) Ltd said.

Shares of Gail were trading at Rs 437.70 on the BSE, up 2.87 per cent from its previous close.