GAIL Q1 Results: GAIL announced its April-June quarter results for fiscal 2025-26 (Q1FY26) on Monday, July 28, reporting a drop of 8% in net profit to Rs 1,886 crore, compared to Rs 2,049 crore in the preceding March quarter of FY25. The country's largest gas transportation and distribution firm incurred a capex of Rs 3,176 crore in the quarter-under-review.
GAIL India's topline (revenue from operations) in the first quarter of current fiscal dropped 2.5% to Rs 34,768 crore, compared to Rs 35,685 crore in the year-ago period. GAIL India said the capex was incurred mainly on pipelines, petrochemicals, and equity contribution to JVs.
Widening losses on petrochemical business and a drop in gas marketing margins weighed on the. The company did not give operational highlights like volume of natural gas transported by the company as well as the volumes sold.
GAIL (India) Q1 FY26 Highlights (QoQ)
Revenue falls 2.6% to Rs 34,768 crore Vs Rs 35,685 crore
Net profit drops 8% to Rs 1,886 crore Vs Rs 2,049 crore
EBITDA rises 3.6% to Rs 3,333 crore Vs Rs 3,216 crore
Margin At 9.6% Vs 9%
Management commentary
Chairman and managing director Sandeep Kumar Gupta, GAIL has got oil regulator PNGRB's authorization for doubling of capacity of Jamnagar-Loni LPG pipeline to 6.5 million tonnes per annum at an investment of about Rs 5,000 crore. The project is expected to be completed within three years.
The pipeline from Gujarat to Loni near Delhi is the longest pipeline for the transportation of LPG, which is used as cooking gas. 'This project will cut down on carbon-dioxide emissions significantly and reduce road mishaps and leaks,' said a company statement.
GAIL (India) Share Price
GAIL (India) stock ended 1.97% down at Rs 179.9 apiece on the NSE on Monday, July 28. The stock touched an intraday high of Rs 185.62 apiece during the session. The company's market capitalisation stands at Rs 1,18,286.04 crore.
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