Mumbai: GAIL (India) Limited has reported strong financial performance for the second quarter and first half of FY27, with standalone net profit more than doubling year-on-year to Rs 4,650.22 crore in Q2 FY27. The company’s revenue from operations increased to Rs 45,923.57 crore during the quarter, reflecting significant growth compared with the corresponding period of the previous financial year.
The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, at its meeting held on October 30, 2026.
For the first half of FY27, GAIL reported a standalone net profit of Rs 8,942.55 crore, while revenue from operations stood at Rs 84,905.19 crore.
GAIL Q2 FY27 Financial Results: Key Standalone Highlights
GAIL reported the following standalone financial performance for the second quarter of FY27:
- Revenue from Operations: Rs 45,923.57 crore.
- Total Income: Rs 46,562.99 crore.
- Profit Before Tax (PBT): Rs 5,838.21 crore.
- Net Profit After Tax (PAT): Rs 4,650.22 crore.
- Basic Earnings Per Share (EPS): Rs 7.07.
The company’s Q2 net profit more than doubled compared with Rs 2,217.24 crore reported in the corresponding quarter of the previous financial year. Revenue from operations also increased from Rs 35,031.24 crore in Q2 FY26.
Read also: GAIL India to Invest $63 Million in Ratnagiri LNG Terminal Heating Unit by June 2027
GAIL H1 FY27 Results: Net Profit at Rs 8,943 Crore
For the six months ended September 30, 2026, GAIL reported a strong financial performance.
The key standalone financial highlights for H1 FY27 are:
- Revenue from Operations: Rs 84,905.19 crore.
- Total Income: Rs 86,116.52 crore.
- Profit Before Tax (PBT): Rs 11,611.44 crore.
- Net Profit After Tax (PAT): Rs 8,942.55 crore.
- Basic Earnings Per Share (EPS): Rs 13.60.
The company’s first-half performance reflects its strong earnings during the reporting period.
GAIL Q2 FY27: Revenue and Net Profit Rise Sequentially
On a quarter-on-quarter basis, GAIL also reported growth in revenue and net profit during Q2 FY27.
Revenue increased by approximately 17.9% to Rs 45,923.57 crore, compared with Rs 38,952 crore in the previous quarter.
Net profit rose 8.3% sequentially to Rs 4,650 crore from Rs 4,292 crore in Q1 FY27.
However, the company’s EBITDA growth remained relatively moderate compared with its revenue and net profit growth.
GAIL EBITDA Rises Marginally, Margin Declines to 14%
GAIL reported EBITDA of Rs 6,412 crore in Q2 FY27, registering a marginal increase of 0.6% compared with Rs 6,375 crore in the preceding quarter.
The EBITDA margin declined to 14% from 16.4% in Q1 FY27, marking a contraction of 240 basis points.
The relatively slower growth in EBITDA compared with revenue indicates margin pressure during the quarter. Investors will continue to monitor factors such as natural gas transmission volumes, gas trading, petrochemical performance and operating costs.
GAIL Board Meeting and Other Disclosures
The Board of Directors meeting was held on October 30, 2026. The meeting commenced at 11:00 AM and concluded at 2:25 PM.
The company also confirmed that there was no deviation or variation in the utilisation of proceeds from its listed non-convertible debentures.
CMD Deepak Gupta Highlights Operational Resilience
Commenting on the company’s performance, Shri Deepak Gupta, Chairman and Managing Director of GAIL (India) Limited, said that the company’s teams had demonstrated resilience and agility during a challenging period, ensuring seamless operations despite prevailing headwinds.
He stated that meeting customer requirements and maintaining uninterrupted supplies remained the company’s foremost priorities.
He further highlighted GAIL’s continued focus on improving operational efficiency, strengthening business resilience and creating sustainable long-term value for all stakeholders.
About GAIL (India) Limited
GAIL (India) Limited is a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum and Natural Gas, Government of India. It is one of India’s leading natural gas companies, with business operations spanning natural gas transmission and marketing, LPG transmission, petrochemicals, city gas distribution, LNG and renewable energy. GAIL plays an important role in strengthening India’s natural gas infrastructure and supporting the country’s energy requirements.
Read also: PNGRB and GAIL Launch First National Sustainability Conference for India’s Oil and Gas Sector
