GAIL Q2 Results Live: Net Profit Rises 8% QoQ To Rs 4,650 Crore; RIL Falls Ahead Of Earnings GAIL, a Maharatna PSU, has reported its Q2 results, showing an 8% quarter-on-quarter (QoQ) rise in net profit to Rs 4,650 crore. The company's revenue jumped 17.8% during the same period. The Q2 results come ahead of the earnings of Reliance Industries (RIL), which is expected to announce its quarterly results soon. RIL's stock price has fallen ahead of the earnings announcement, indicating market expectations of a decline in profits. GAIL's Q2 net profit of Rs 4,650 crore represents a significant increase from the previous quarter, beating market estimates. The company's revenue also saw a substantial rise, reaching Rs 33% year-over-year (YoY). The board of directors has approved the listing of GAIL Gas, a subsidiary of the company, which is expected to boost investor confidence. The Q2 results are a positive sign for GAIL, indicating a strong performance in the quarter. The company's ability to maintain its profitability and revenue growth is a testament to its operational efficiency and strategic decisions. As the company continues to navigate the changing market landscape, investors will be closely watching its future performance.