Gail Q3 net at Rs 359.29 cr, declares 30% dividend

Gail India Ltd has posted a net profit of Rs 3592.90 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 3062.20 million in the quarter ended December 31,2001. Total Income has increased from Rs 26806.40 million in DQ-01 to Rs 30630.10 million in DQ-02.

Gail declared an interim dividend of 30% for the financial year ended March 31, 2003.

BSE Code: 532155