GAIL (India)'s Q2 FY 2025-26 Quarterly Results

Result Summary

• GAIL (India) Ltd reported a 0.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.7%.
• Its expenses for the quarter were up by 1.9% QoQ and 7.8% YoY.
• The net profit decreased 16.5% QoQ and decreased 26.1% YoY.
• The earnings per share (EPS) of GAIL (India) Ltd stood at 3 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

---

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GAIL (India) Ltd is a state-owned enterprise and one of India's leading natural gas processing and distribution companies. The company is involved in various segments of the energy sector, primarily focusing on natural gas, liquid hydrocarbons, and petrochemical production. GAIL also engages in the transmission of natural gas and the distribution of liquefied natural gas (LNG) through a network of pipelines spanning across India. The company is a key player in the energy infrastructure of India, contributing significantly to the nation's energy requirements. As of the time of this report, there are no specific recent major developments available for GAIL (India) Ltd based on the data provided.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), GAIL (India) Ltd reported a total income of ₹35,773.66 crores. This reflects a quarter-over-quarter (QoQ) increase of 0.9% from ₹35,454.81 crores in the previous quarter (Q1FY26) and a year-over-year (YoY) growth of 4.7% compared to ₹34,165.57 crores in the same quarter of the previous year (Q2FY25). The company’s revenue growth indicates a steady increase in its income over both the quarterly and annual periods, driven by its operations in the natural gas and energy sectors.

Profitability

For Q2FY26, GAIL (India) Ltd's profit before tax stood at ₹2,286.27 crores, marking a decrease of 12.3% from the preceding quarter's ₹2,607.23 crores and a decline of 26.3% from Q2FY25's ₹3,103.71 crores. The tax expense for the quarter was ₹576.68 crores, a reduction of 10.8% QoQ and 26.1% YoY from the previous figures. The profit after tax amounted to ₹1,988.71 crores, representing a 16.5% decline QoQ and a 26.1% decrease YoY. The earnings per share (EPS) for this quarter were ₹3.00, down from ₹3.60 in Q1FY26 and ₹4.10 in Q2FY25, showing a decrease of 16.7% QoQ and 26.8% YoY.

Operating Metrics

GAIL (India) Ltd's total expenses for Q2FY26 were reported at ₹33,487.39 crores, which is a 1.9% increase from Q1FY26’s ₹32,847.58 crores and a 7.8% increase from Q2FY25’s ₹31,061.86 crores. The increase in expenses, despite the growth in total income, has affected the profitability margins of the company. The company's financial performance for the quarter reflects challenges in maintaining profit levels in light of the rising operational costs. These metrics highlight the operational dynamics of GAIL's business model within the context of its financial results over the reported periods.