Rakesh Jain
Director of Finance, GAIL India Limited
Notable Quotes
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.
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.
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.
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.
We expect that our guidance of INR 4,500 crore is likely to exceed. We do not want to give any number right now.
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.