GAIL Share Price Gains After Q3 Profit, Revenue Rise

Shares of Gas Authority of India Ltd. jumped over 4% on Thursday, after its net profit increased in the third quarter of fiscal 2025.

Net profit of the state-owned natural gas processing and distribution company rose 45% to Rs 3,867 crore, up from Rs 2,672 crore in the previous quarter.

The company's revenue also rose 6.2% to Rs 34,937 crore, compared to Rs 32,912 crore in the previous quarter.

However, GAIL's Ebitda saw a dip of 24.2%, coming in at Rs 2,838 crore, compared to Rs 3,745 crore in the previous quarter. Despite this decline, the company’s performance was supported by exceptional gains amounting to Rs 2,440 crore, which boosted its overall profit figure.

The company's Ebitda margin contracted to 8.1% from 11.4% on a sequential basis.

GAIL's operations encompass the transmission and marketing of natural gas, along with the transmission of LPG, production of petrochemicals, and handling of liquid hydrocarbons. Originally established as a gas transmission company in the late 1980s, GAIL has since expanded its portfolio. In 1997, GAIL was granted the prestigious 'Navratna' status and has since grown to become one of the 13 'Maharatna' Public Sector Undertakings in India.

Share price of GAIL rose as much as 4.70% to Rs 172.99 apiece. It pared gains to trade 1.19% higher at Rs 167.19 apiece, as of 2:35 p.m. This compares to a flat NSE Nifty 50.

The stock has fallen 2.80% in the last 12 months. Total traded volume so far in the day stood at 1.4 times its 30-day average. The relative strength index was at 32.

Out of 35 analysts tracking the company, 25 maintain a 'buy' rating, six recommend a 'hold' and four suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 40.5%.