GAIL (India) Ltd, the country’s largest gas distributor, reported a 77.5% slump in its quarterly profit on Thursday, dented by weakness in its petrochemicals segment. The company’s standalone profit after tax slumped to 6.04 billion rupees ($73.86 million) in the quarter ended March 31, from 26.83 billion rupees a year earlier. The state-owned gas company’s […]
