New Delhi: GAIL (India) Limited, the country’s leading natural gas company, has announced its financial results for the first quarter of FY 2025–26, registering Revenue from Operations of ₹34,792 crore and a Profit After Tax (PAT) of ₹1,886 crore.
The company’s Profit Before Tax (PBT) for the quarter stood at ₹2,533 crore, compared to ₹3,642 crore in Q1 FY25. The PAT declined from ₹2,724 crore in the same period last year.
On a quarter-on-quarter basis, revenue dipped slightly from ₹35,707 crore in Q4 FY25, while PAT also saw a moderate decline from ₹2,049 crore. Similarly, PBT for Q1 FY26 was ₹2,533 crore compared to ₹2,701 crore in Q4 FY25.
On a consolidated basis, GAIL reported Revenue from Operations at ₹35,429 crore in Q1 FY26 versus ₹36,551 crore in the previous quarter. Consolidated PBT stood at ₹3,029 crore and PAT (excluding non-controlling interest) at ₹2,369 crore in Q1 FY26, compared to ₹3,240 crore and ₹2,492 crore respectively in Q4 FY25.
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Capex and Expansion Initiatives
GAIL Chairman & Managing Director Sandeep Kumar Gupta stated that the company incurred a capital expenditure of ₹3,176 crore during Q1 FY26, primarily in pipelines, petrochemicals, and equity contributions to joint ventures.
He also highlighted a major infrastructure development — PNGRB’s approval for the capacity expansion of the Jamnagar-Loni LPG pipeline from 3.25 MMTPA to 6.5 MMTPA. The ₹5,000 crore project is expected to be completed within three years and aims to significantly reduce CO₂ emissions, road accidents, and leakages.
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Sustainability Recognition
In a notable achievement, GAIL has been included in the FTSE4Good Index Series for the seventh consecutive year, reflecting its strong Environmental, Social, and Governance (ESG) performance and commitment to sustainability.
Despite a dip in profits, GAIL continues to focus on long-term strategic growth through infrastructure investments, sustainability efforts, and operational efficiency.
About GAIL (India) Ltd
GAIL (India) Limited is India’s leading natural gas company with diversified operations across gas transmission, LPG production, petrochemicals, city gas distribution, and E&P. The company owns and operates over 13,000 km of natural gas pipelines and is playing a key role in building a gas-based economy for the country.
