GAIL Q1 net profit more than doubles to Rs 4,292 crore on higher revenue
New Delhi, July 31
State-run GAIL Ltd on Friday reported that its standalone net profit more than doubled to Rs 4,292 crore in the April-June quarter of FY2026-27, while revenue from operations increased to Rs 38,982 crore, as stronger transmission and liquid hydrocarbon operations helped offset the impact of geopolitical disruptions.
According to the company's financial results, profit after tax (PAT) stood at Rs 4,292.33 crore, compared with Rs 1,886.34 crore in the year-ago period. Revenue from operations rose to Rs 38,981.63 crore from Rs 34,792.45 crore.
In its earnings release, GAIL said the quarter reflected resilience in its transmission and liquid hydrocarbon businesses. However, it added that "amid geopolitical headwinds, the company saw lower gas marketing and polymer volumes."
Chairman and Managing Director Deepak Gupta said, "FY 2026-27 began amid sharp volatility triggered by the West Asia crisis, which impacted certain GAIL volumes. The Company managed the disruption through portfolio flexibility and spot sourcing, while continuing to support customer requirements and India's energy security."
Natural gas transmission increased to 122.36 MMSCMD during the quarter from 118.99 MMSCMD in the previous quarter, while liquid hydrocarbon production rose to 232 TMT from 194 TMT. The company said the "sequential increase in natural gas transmission and LHC production underscores the strength of GAIL's core infrastructure and liquid hydrocarbon operations, while lower gas marketing and polymer volumes reflect the impact of external disruptions during the quarter."
During the quarter, GAIL incurred a capital expenditure of Rs 6,176 crore.
— ANI
Reader Comments
Profit doubling is impressive, but I hope GAIL is also investing in green energy transition. We can't rely on fossil fuels forever. The Rs 6,176 crore capex should ideally have a strong focus on renewables and hydrogen.
West Asia crisis has been affecting everything from fuel prices to gas supplies. But our PSUs are managing well. Congrats to GAIL team for keeping India's energy security intact. Jai Hind! 🇮🇳
Solid performance despite geopolitical disruptions. The portfolio flexibility and spot sourcing strategy clearly paid off. This shows India's energy infrastructure is becoming more robust and adaptable.
Good numbers, but I'm concerned about the lower gas marketing and polymer volumes. Hope this is temporary and not a structural issue. Also, would love to see more transparency on how the geopolitical crisis is affecting our energy costs at the consumer level.
Ekdum solid performance! 🎯 GAIL ka transmission infrastructure is really the backbone of India's gas grid. With this kind of growth, PSUs are definitely proving their worth in the energy sector.
Interesting quarterly performance. The doubling of net profit is noteworthy, but investors should also track how the company navigates the ongoing West Asia crisis in
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