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SLOWER GROWTH: GAS AUTHORITY OF INDIA LIMITED (GAIL registers 5% increase in turnover to Rs105.5 billion during 2001-2002).

Asia Africa Intelligence Wire

| June 30, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Gas Authority of India Limited (GAIL) registered a five percent increase in turnover to Rs105.5 billion during 2001-2002 (Rs100.6 billion in 2000-2001).

Its net profit increased by four percent to Rs11.7 billion (Rs11.3 billion). GAIL's total gas sales touched 62 million cubic metres per day with its total liquid hydrocarbon sales at 1.13 million tonnes. Its polymer sales were …

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