12 hours ago
HomeMarket NewsGAIL Q3 Results: Stock rises despite missing estimates on EBITDA, margin front
Despite the EBITDA and margin miss, GAIL’s stock was up nearly 3%, trading at ₹169.70 on the BSE at 2:27 pm.
By Sheersh Kapoor January 30, 2025, 2:32:52 PM IST (Published)
GAIL (India) Ltd reported its Q3 FY25 results on Wednesday, with net profit surging 44.7% sequentially to ₹3,867.4 crore, significantly beating CNBC-TV18’s poll estimate of ₹2,435 crore.
Revenue stood at ₹34,937 crore, ahead of the estimated ₹33,476 crore, marking a 6.2% quarter-on-quarter rise.
However, EBITDA fell 24.2% sequentially to ₹2,837.8 crore, missing the poll estimate of ₹3,724 crore.
Margins contracted to 8.1% from 11.4% in the previous quarter, also falling short of the expected 11.2%.
Despite the EBITDA and margin miss, GAIL’s stock was up nearly 3%, trading at ₹169.70 on the BSE at 2:27 pm.
