GAIL (India) Limited registered a 295% increase in profit after tax (PAT) in the first quarter of Financial Year 2017-18 versus the previous quarter Q4 FY17. GAIL's Profit before Tax (PBT) for the quarter increased by 81% to Rs. 1,569 crores versus Rs. 866 crore in the previous quarter Q4 FY17. GAIL's PAT of Rs. 1,026 crore in Q1 FY18 has seen growth of 21% on year-on-year basis (after excluding one-time gains from stake sale in Mahanagar Gas Limited in Q1 FY17 of Rs. 489 crore). This growth has been led by better performance of Gas Transmission & LHC segment, better price realization in LHC segment & decrease in cost of production and Finance cost. During the quarter, the Company registered growth in physical performance in LHC Sales, Natural Gas Transmission & LPG Transmission by 16%, 4% & 26% respectively as compared to corresponding period of the previous year.