This was a huge improvement on Ebitda of 260 crore year-on-year (Y-0-Y). The PAT stood at 2,840 crore, which was also a beat and around 12x better than 250 crore Y-o-Y. For the first nine months (9M) of FY24, GAIL's revenue stood at 98,300 crore (down 12 per cent Y-O-Y). Ebitda was at 9,750 crore (up 52 per cent Y-o-Y), and PAT stood at 6,660 crore (up 42 per cent Y-o-Y).
The management claimed improved realisation was key and higher petrochemical sales, improved marketing margins, and reduced petchem costs contributed to the good performance. | ness posted an Ebit of ₹1,880 crore (versus loss of ₹86 crore in Q3FY23).
GAIL anticipates robust gas demand, projecting transmission volumes will be 124 mmscmd (million metric standard cubic metres per day) by the end of FY24.
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