GAIL (India) Ltd's Q3FY25 Quarterly Results

Result Summary

• GAIL (India) Ltd reported a 8.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 6.0%.
• Its expenses for the quarter were up by 12.0% QoQ and 10.3% YoY.
• The net profit increased 51.8% QoQ and increased 27.9% YoY.
• The earnings per share (EPS) of GAIL (India) Ltd stood at 6.2 during Q3FY25.

Financial Statments for Q3FY25

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 natural gas processing and distribution company based in India. It is one of the largest companies in the natural gas sector in India, primarily involved in the transmission and marketing of natural gas. GAIL operates in various segments including Natural Gas, Liquid Hydrocarbons, Petrochemicals, and City Gas Distribution. The company has a significant role in the expansion of India's natural gas infrastructure, including pipelines and LNG terminals. GAIL's operations are crucial for energy distribution across the country, which supports various industries and urban areas.

Revenue

During the third quarter of the fiscal year 2025 (Q3FY25), GAIL (India) Ltd reported a total income of ₹37,212.79 crores. This represents a quarter-over-quarter (QoQ) increase of 8.9% compared to the previous quarter (Q2FY25), where the total income was ₹34,165.57 crores. On a year-over-year (YoY) basis, the total income grew by 6.0% from ₹35,111.76 crores in Q3FY24. These figures highlight the company's revenue generation over the recent quarters, reflecting its performance in the market and its ability to generate income through its various business segments.

Profitability

In Q3FY25, GAIL (India) Ltd achieved a profit before tax (PBT) of ₹4,878.69 crores, marking a significant QoQ growth of 57.2% from ₹3,103.71 crores in the previous quarter. The YoY growth was also notable at 36.5% when compared to ₹3,573.82 crores in Q3FY24. The company's profit after tax (PAT) for Q3FY25 was ₹4,084.24 crores, up 51.8% QoQ from ₹2,689.67 crores in Q2FY25, and 27.9% YoY from ₹3,193.34 crores in Q3FY24. The earnings per share (EPS) increased correspondingly to ₹6.20 in Q3FY25, from ₹4.10 in Q2FY25, and ₹4.90 in Q3FY24, reflecting a 51.2% QoQ and a 26.5% YoY growth. These profitability metrics indicate the company's capability to convert total income into net profit effectively.

Operating Metrics

Total expenses for GAIL (India) Ltd in Q3FY25 amounted to ₹34,774.13 crores, showing a QoQ increase of 12.0% from ₹31,061.86 crores in Q2FY25, and a YoY increase of 10.3% from ₹31,537.94 crores in Q3FY24. The tax expense for the quarter was ₹1,187.80 crores, which increased by 52.3% from ₹779.98 crores in the previous quarter, and by 34.8% from ₹881.43 crores in the corresponding quarter of the previous year. These figures demonstrate the company's expenditure patterns and tax obligations over the quarters. Despite the rise in expenses, the company has managed to maintain a strong profitability position, as seen from the increased net profit and EPS.