GAIL Q3 earnings show revenue decline and widening losses
after close1 source ↓written by the desknot a recommendation
- to ₹1
- 27.6% revenue decline
- from 9.1
- 7.8%
GAIL (India) Ltd. reported a 27.6% revenue decline to ₹1,602.6 crore for Q3, down from ₹2,212.2 crore last year. EBITDA fell 17% to ₹2,655.2 crore, with margins contracting to 7.8% from 9.1%. The Transmission Services EBIT also dipped to ₹1,506 crore from ₹1,541 crore last quarter. This performance may impact investor sentiment in the gas sector.
• Revenue: ₹1,602.6 crore
• EBITDA: ₹2,655.2 crore
• Margin: 7.8%
• Transmission EBIT: ₹1,506 crore
Not investment advice. For informational purposes only.