Friday, January 21, 2011

GAIL’s Q3 OPM dip on sharp fall in EBIT margins for petrochem, natural gas transmission

During Q3 FY11, GAIL reported an operating profit of Rs 13.3 bln up 3.5% yoy, while OPM fell by 485 bps yoy to 15.9%. Lower profitability was on account of slump in EBIT margins for petrochemical and natural gas transmission segments.

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