GAIL (India) reported an EBITDA/PAT of Rs26.7bn/16.8bn in Q3FY19, up 36%/33% yoy, down 9%/14% qoq but better than expected on the back of a challenging environment. Gas marketing EBIT came at Rs6.8bn, down 35% qoq on a very high base of Rs10.4bn in Q2 and despite spike in Henry Hub gas prices and a decline in oil prices. Gas transmission recorded flat EBIT on higher expenses though volumes grew by 2% qoq to 107.7mmscmd....