Q1-FY24 · Rakesh Kumar Jain
We expect to earn marketing margin of approximate INR 3,500 crore, today we maintain the same, that at least we will earn marketing margin of INR 3,500 crore in financial year 2023/2024, as informed earlier.
GAIL / language trends
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GAIL (India) · tone and specificity signals across the available quarters.
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Q1-FY24 · Rakesh Kumar Jain
This segment is going to give you significant part of revenue and profit going forward, right from now.
Q1-FY24 · Rakesh Kumar Jain
We intend to bring 100% volume to India.
Q1-FY25 · Rakesh Kumar Jain
We have given the kind of range to you this time, and we are on the course of achieving those targets. In Q1 2025, we have already earned almost INR 1,994 crore of marketing margin from this segment, and we expect to surpass the current target given to you, INR 4,000 crore-INR 4,500 crore. For guidance purpose, you may consider now INR 4,500 crore as a minimum target for this financial year.
Q1-FY25 · Rakesh Kumar Jain
We have ability to change $0.70 to $2. We have ability to make it $2.5. Last month's close price for Henry Hub was $1.90 per MMBTU. The Henry Hub price sometimes reaches $3. We do the paper trading. We take the benefit of arbitrage.
Q1-FY25 · Rakesh Kumar Jain
Pipeline transmission is a monopoly. Wherever you exist, you continue to have those market shares. So we are 70%, almost 70% infrastructure share, so we continue to maintain those shares.
Q1-FY26 · Rakesh Jain
We are not optimistic of around 132 revised guidance. We expect this year, on an average basis, we'll end around 127-128 MMSCMD of volume.
Q1-FY26 · Rakesh Jain
In terms of guidance, we do not feel that we will be very good in petrochemical business in this year. We may be able to reduce our losses. We may be trying to come nearer to break even level.
Q1-FY26 · Rakesh Jain
If I say August and I meet you in August, you will say it has not come because it is beyond my control. We expect it may come any time from now.
Q2-FY24 · Shri Rakesh Kumar Jain
We have been able to reduce our cost of gas by $1, which straight away goes to my profit, as compared to Q1.
Q2-FY24 · Shri Rakesh Kumar Jain
We expect at least to earn INR 4,000 crore as a marketing margin next financial year.
Q2-FY24 · Shri Rakesh Kumar Jain
We have been able to reduce our losses to a great extent... we will be able to source gas at a price which gives a significant change to the pro- financials for petrochemical plant.
Q2-FY25 · Rakesh Jain
GAIL has registered highest-ever PBT and PAT of INR 7,095 crore and INR 5,396 crore for the first half in financial year 2025.
Q2-FY25 · Rakesh Jain
We expect that our guidance of INR 4,500 crore is likely to exceed. We do not want to give any number right now.
Q2-FY25 · Rakesh Jain
We have sourced 1.53 MMTPA from two sources... these are crude-linked contracts... certainly you can take it that this contract is cheaper than the current contracts.
Q2-FY26 · Sri RK Jain
We maintain that next financial year, we will be having 134 MMS CMD - 135 MMS CMD kind of volume.
Q2-FY26 · Sri RK Jain
We have already crossed INR 3,200 crore in first half in spite of the various negative things. We expect that we will certainly touch INR 4,500 crore of guidance at PBT level, and we may even exceed that.
Q2-FY26 · Sri RK Jain
We in GAIL believe that now it is high time that we start the process of listing GAIL Gas.
Q3-FY24 · Rakesh Kumar Jain
We have already earned gas marketing margin of INR 4,300 crore, which has surpassed our earlier guidance.
Q3-FY24 · Rakesh Kumar Jain
We expect to have more than what marketing margin we are earning today.
Q3-FY24 · Kaviraj A.
In the past, we did swap for a different objective. But currently we are doing swap as part of our LNG portfolio operations.
Q3-FY25 · Rakesh Kumar Jain
We maintain the guidance of earning INR 4,500 crore of GAIL marketing margin in the current financial year, excluding the exceptional income of INR 2,440 crore.
Q3-FY25 · Rakesh Kumar Jain
Settlement is like a marriage. You don't lose or gain. So we have done what we thought is best in interest of organization, both the organizations.
Q3-FY25 · Rakesh Kumar Jain
We have been maintaining next year's number. Sir, we have in our year-end earnings call given that marketing margin will remain in this range only for next year as well.
Q3-FY26 · Rakesh Kumar Jain
We are expecting to achieve a marketing margin level from the gas marketing segment in the financial year 2026.
Q3-FY26 · Rakesh Kumar Jain
We are hopeful of achieving our gas transmission guidance of 124-125 MMSCMD for the financial year 25/26.
Q3-FY26 · Rakesh Kumar Jain
If we stop the plant for a period of, say, 1 or 2 months, actually, it hurts two ways... the customer sentiment.
Q4-FY25 · Sandeep Gupta
Transmission remains our biggest bet. With increased transmission volumes supported by the growth in the country, commissioning of the new pipelines, connection of the new plants with the grid, and revision in the tariffs of our integrated pipelines, this transmission income is the biggest bet.
Q4-FY25 · Arke Jain
We have a portfolio of almost 21 MMSCMD linked to Henry Hub. Almost 19 MMSCMD of volume, either we have marketed on back-to-back basis or allocated to Pata. That volume does not have any risk with respect to the change in prices with respect to crude.
Q4-FY25 · Sanjay Kumar
We believe the market is actually in evolution. This is the process where we used to have three or four importers up to 10 years ago. Today, we've got about 12 importers who are importing LNG cargoes into the country.