GAIL (India) Limited — Q3 FY26
GAIL's Q3 FY26 standalone PAT fell 58.5% YoY to INR 1,603 crore, largely due to a high base from last year's exceptional arbitration gain of INR 2,440 crore.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q2 FY26
FY26 gas transmission volume guidance revised to 123-124 mmscmd
Management lowered full-year transmission volume guidance from earlier expectations to 123-124 mmscmd due to power demand weakness, refinery fuel switching, and pipeline outages.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY26
Gas marketing PBT guidance of INR 4,000-4,500 crore for FY26
Management reiterated the annual PBT guidance for the gas marketing segment, with H1 PBT at INR 2,221 crore, indicating confidence in achieving the target.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1