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GAIL (India) Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

1.There is no discountinued operation during the period.

2. Consequent upon Implementation of GST Act w.e.f 1 st July 2017, Total Income excludes GST. Accordingly, Total Income for the Nine Months presented in the results.

3. MAT credit entitlement availed/adjust during the Nine months Rs. 342.96 crore (Corrosponding Nine months Rs. 145.96 Crore.

4. EPS has been restated for the Quarter and Nine months ended 31st Dec 2017 as per Ind AS 33 on account of Bonus Issue of Equit Shares in the ratio 1:3 during March 2018.