Nov 14 (Reuters) - State-run gas utility Gail (India) Ltd on Tuesday reported a 42 percent jump in second-quarter profit, beating analysts’ estimates.
Profit from continuing operations came in at 13.10 billion rupees ($200.37 million) for the quarter ended Sept. 30, compared with 9.25 billion rupees a year earlier, the company said in a filing on Tuesday. bit.ly/2iTawIS
Analysts, on average, had expected a profit of 11.15 billion rupees, according to Thomson Reuters Eikon data.
Revenue from operations rose about 3 percent to 124.10 billion rupees. ($1 = 65.3800 Indian rupees) (Reporting by Krishna V Kurup in Bengaluru; Editing by Vyas Mohan)