New Delhi [India], May 21 (ANI): State-run gas utility GAIL (India) Limited on Thursday reported a 38 per cent decline in its standalone Profit After Tax (PAT) to Rs 6,968 crore for the financial year ended March 31, 2026, amid a challenging global environment and volatility in energy markets.
The company had posted a PAT of Rs 11,312 crore in FY25.
According to the company’s financial results, Revenue from Operations rose marginally to Rs 1,38,697 crore in FY26 from Rs 1,37,288 crore in the previous financial year.
EBITDA for FY26 stood at Rs 13,119 crore, compared to Rs 19,168 crore in FY25, while Profit Before Tax (PBT) declined to Rs 8,964 crore from Rs 14,825 crore a year ago.
On a consolidated basis, PAT (excluding minority interest) stood at Rs 7,582 crore in FY26, as against Rs 12,450 crore in FY25.
Commenting on the performance, GAIL Chairman and Managing Director Deepak Gupta said the company operated in a difficult global environment during the year.
“The year was marked by a challenging & complex global backdrop, beginning with the ongoing Russia-Ukraine conflict and evolving geopolitical developments including the onset of the West Asian crisis towards the later part of the year,” Gupta said.
“Despite these headwinds, supported by timely policy interventions by the Government, GAIL delivered a resilient operational and financial performance,” he added.
The company said its board has recommended a final dividend of Rs 0.50 per equity share for FY26, subject to shareholder approval. This is in addition to the interim dividend of Rs 5 per share already paid during the year.
GAIL incurred a capital expenditure of Rs 9,594 crore during FY26, mainly towards pipeline infrastructure, petrochemical projects and operational capex and equity contributions to joint ventures and subsidiaries, in line with its long-term growth strategy.
On the operational front, natural gas transmission volume fell to 122.18 Million Metric Standard Cubic Meters per Day (MMSCMD) in FY26 from 127.32 MMSCMD in FY25. However, gas marketing volume increased to 104.21 MMSCMD from 101.49 MMSCMD in the previous year.
The company also achieved its “highest-ever LPG transmission of 4.6 MMTPA 9 Million Metric Tonnes Per Annum]”, Gupta said, adding that GAIL added around 2,000 km of pipeline network during the year.
“Further, GAIL is doubling the capacity of Jamnagar-Loni LPG pipeline to 6.5 MMTPA,” he said.
Highlighting the company’s clean energy plans, Gupta said the board has approved investments in renewable energy and compressed biogas projects.
“The Board has accorded investment approval for key renewable energy projects, including ~700 MW of solar and ~178 MW of wind capacity, 6 CBG (Compressed Biogas) plants with total capacity of around 95 TPD (Tonnes Per Day),” he said. (ANI)
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