GAIL Q4 Results: Net profit nearly halves, revenue misses estimates
Published on 13/05/2025 03:55 PM
GAIL Q4 Results: Net profit nearly halves, revenue misses estimatesBrokerage firm JM Financial in its first cut after the results said that GAIL's standalone EBITDA was lower than their estimates due to a weaker-than-expected EBIT in the petchem segment and marginally lower EBIT in the gas transmission and trading segment.By Hormaz Fatakia May 13, 2025, 3:55:18 PM IST (Updated)2 Min ReadState-run GAIL reported results on Tuesday, May 13, which were a miss on estimates across topline and bottomline parameters, but the operational metrics were in-line with expectations.
Revenue for the quarter increased by 2.1% from last year to ₹35,685 crore from ₹34,937 crore last year. The figure was below the CNBC-TV18 poll of ₹37,042 crore.
Net profit for the period nearly halved to ₹2,049 crore and was marginally below expectations of ₹2,153 crore.
GAIL's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 13.3% year-on-year to ₹3,215 crore, which was in-line with expectations of ₹3,260 crore, while margins expanded by 90 basis points from the previous quarter to 9% from 8.1% in December.
The EBITDA margin figure was also in-line with the CNBC-TV18 poll of 8.8%.
Brokerage firm JM Financial in its first cut after the results said that GAIL's standalone EBITDA was lower than their estimates due to a weaker-than-expected EBIT in the petchem segment and marginally lower EBIT in the gas transmission and trading segment.
GAIL has earmarked a capex plan of ₹10,000 crore for financial year 2026, which will be utilised for the petchem, equity investments, pipelines and the LNG vertical.
The management also said that there has been an impact on profitability due to the cut in supply, but operations are continuing through a mix of both new and old well gas.
Shares of GAIL are down to the lows of the day, currently trading 2% lower at ₹184. The stock is up 2.7% in the last one month.Continue ReadingFirst Published: May 13, 2025 3:24 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsGAILGail earningsGAIL sharesshare market today