GAIL (India) reported standalone net profit of Rs 2,049 crore in the March quarter, a 5.87 percent decline from the year-ago period. The gas distributor had reported a net profit of Rs 2,177 crore last year. Revenue from operations came in at Rs 35,707 crore, up 10.4 percent year-on-year (YoY) from Rs 32,334 crore in the last year.