https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

GAIL Registers Strong Performance In H1 FY 2024-25 Creating Milestones In Several Financial Metrics

GAIL's revenue from operations for April to September 2024 totalled Rs. 66,622 crore, up from Rs. 64,050 crore in the same period of FY 2023-24
Indian Masterminds Stories

Maharatna PSU Gas Authority of India Limited (GAIL) Limited has delivered strong financial results for H1 FY 2024-25, achieving record highs in key financial metrics. Revenue from operations for April to September 2024 totalled Rs. 66,622 crore, up from Rs. 64,050 crore in the same period of FY 2023-24. Profit Before Tax (PBT) reached Rs. 7,095 crore, a significant increase from Rs. 5,019 crore in H1 FY 2023-24, while Profit After Tax (PAT) grew to Rs. 5,396 crore, up from Rs. 3,817 crore.

GAIL’s Chairman and Managing Director (CMD), Mr. Sandeep Kumar Gupta, expressed optimism about the segment’s continued profitability for the remainder of the fiscal year.

Despite strong overall performance, there was a slight dip in Q2 FY 2024-25. Revenue from operations decreased to Rs. 32,931 crore, from Rs. 33,692 crore in Q1. Q2 PBT fell to Rs. 3,453 crore, down from Rs. 3,642 crore, and PAT declined marginally to Rs. 2,672 crore from Rs 2,724 crore.

Operationally, GAIL reported strong volumes in gas transmission and marketing, with natural gas transmission reaching 130.63 MMSCMD and marketing volumes at 96.60 MMSCMD in Q2. Sales of Liquid Hydrocarbons (LHC) and Polymer also grew, reaching 253 TMT and 226 TMT, respectively.

The petrochemical segment returned to profitability, reporting a PBT of Rs 157 crore in Q2, reversing a loss in the previous quarter. On a consolidated basis, GAIL reported a revenue of Rs 68,803 crore and a consolidated PBT of Rs. 7,583 crore for H1 FY 2024-25.

GAIL invested Rs. 1,885 crore in capital expenditure in Q2, focusing on pipeline and petrochemical projects, with total Capex for H1 FY 2024-25 reaching Rs. 3,544 crore.

GAIL is India’s leading natural gas processing and distribution company, playing a pivotal role in the country’s energy infrastructure. It is involved in natural gas transmission, marketing, petrochemicals, and renewable energy, contributing significantly to India’s economic growth.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
RINL
Leadership Update: Rakesh Nandan Sahay Appointed as Director (Personnel) at RINL, Selected by PESB from Among 10 Candidates
coal-India-limited-scaled
Coal India Secures Ontillu-Chandragiri Rare Earth Block in Andhra Pradesh, Strengthens Critical Minerals Portfolio
IAS officer Vinay Kumar Choubey
Khasmahal Land Scam: Senior Jharkhand IAS Officer Remains in Jail as ACB Court Rejects Bail
POWERGRID Dividend to Government 2025
POWERGRID Pays ₹574.35 Crore Final Dividend to Government; Total Payout for FY25 Hits ₹4,297.40 Crore
BEL
BEL Secures ₹712 Crore Worth of New Defence and IT Orders, Expands Presence in Cybersecurity and Blockchain
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Gujarat tallest Govt tower
Surat to House India’s Tallest Government Administrative Building: Iconic Green Twin Towers to Redefine Urban Governance
NTPC
NTPC Ranked Among TIME’s World’s Best 1000 Companies 2025 for Sustainability, Growth, and Employee Excellence
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
K M Abharna IFS Eco Warrior Awards 2025
Meet K. M. Abharna, the IFS Officer Behind Avni’s Case and Vidya Balan’s Sherni Role
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
Tamil Nadu Gaur Rescue
Tiruchirappalli Forest Officials Risk Lives to Rescue Juvenile Gaur; Video Shared by IAS Officer Goes Viral
Trichy forest and fire teams risk lives to rescue a juvenile Indian gaur; IAS officer Supriya Sahu shares...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
RINL
Leadership Update: Rakesh Nandan Sahay Appointed as Director (Personnel) at RINL, Selected by PESB from Among 10 Candidates
coal-India-limited-scaled
Coal India Secures Ontillu-Chandragiri Rare Earth Block in Andhra Pradesh, Strengthens Critical Minerals Portfolio
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
IFS Uttam Kumar Sharma Interview
K M Abharna IFS Eco Warrior Awards 2025
ADVERTISEMENT
ADVERTISEMENT