(EnergyAsia, May 9) — Gas Authority of India Limited (GAIL) said its FY2005 net profit rose 18% while revenue was up 17% despite the burden of having to pay for fuel subsidies for consumers.   The company earned net profit of Rs23.1 billion on revenue of Rs144.6 billion. Gross margins came to Rs39.53 billion. (US$1=Rs44)….