GAIL (India) Limited has announced its quarterly earnings conference call for Q3 FY26, scheduled for February 2, 2026, at 11:00 AM IST. The company has released its investor presentation covering the nine-month period of FY26, providing comprehensive insights into its operational and financial performance across various business segments.

Physical Performance Highlights

The company's operational metrics for 9M FY26 demonstrate strong performance across key business verticals. Natural gas transmission reached 123 MMSCMD, while natural gas marketing achieved 105 MMSCMD during the period.

The natural gas marketing segment shows diversified sourcing, with APM/NAPM contributing 35%, RLNG/Spot accounting for 50%, RIL & BP MDP at 3%, and overseas sales representing 12% of the total 104.97 MMSCMD volume.

Financial Performance Analysis

GAIL's standalone financial results for 9M FY26 reflect the company's operational dynamics during the period. The company reported gross turnover of Rs. 103,738 crore, with EBITDA of Rs. 10,943 crore and profit after tax of Rs. 5,706 crore.

On a consolidated basis, the company's performance shows similar trends with gross turnover of Rs. 106,217 crore, EBITDA of Rs. 11,821 crore, and PAT of Rs. 6,098 crore for 9M FY26.

Balance Sheet and Capital Structure

As of December 31, 2025, GAIL maintains a robust balance sheet with total assets of Rs. 119,551 crore. The company's capital structure includes equity of Rs. 75,147 crore and liabilities of Rs. 44,404 crore.

Capital Expenditure Strategy

GAIL's capital expenditure profile demonstrates its commitment to infrastructure development and renewable energy initiatives. For FY25, the company invested Rs. 10,512 crore across various segments, with pipeline projects receiving the largest allocation at Rs. 4,570 crore (44%), followed by net zero and renewables at Rs. 2,653 crore (25%).

The estimated capital expenditure for FY26 is approximately Rs. 10,700 crore, with increased focus on net zero and renewable initiatives at Rs. 3,000 crore (28%) and pipeline development at Rs. 2,750 crore (26%).

Regulatory Compliance

The earnings conference call announcement and presentation release comply with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has notified both NSE (scrip code: GAIL-EQ) and BSE (scrip code: 532155) about the scheduled earnings call, ensuring transparency and regulatory adherence in its investor communication process.

GAIL (India) Limited has disclosed a revision in the completion schedule for its Mumbai-Nagpur-Jharsuguda Pipeline (MNJPL) Project under Regulation 30 of SEBI (LODR) Regulations, 2015. The announcement was made on January 31, 2026, following the company's board meeting held on the same date.

Project Overview and Revised Timeline

The MNJPL Project spans a total length of 1702 Km across three distinct sections. The completion schedule has been revised from January 1, 2026 to February 28, 2026 progressively.

Current Project Status

According to the company's disclosure, the entire MNJPL Pipeline construction has been completed, with pre-commissioning and commissioning activities currently underway across various sections. Significant progress has been achieved in operationalizing key segments of the pipeline network.

The Mumbai-Nagpur Section has already been operationalized, along with the Chhattisgarh and Odisha Section of the Nagpur-Jharsuguda section. The remaining portions of the MNJPL are expected to be ready for gas-in by February 2026.

Regulatory Compliance and Approvals

The company has indicated that approval for the extension in completion schedule of the MNJPL Project is being sought from the Petroleum and Natural Gas Regulatory Board (PNGRB). This revision was formally approved by GAIL's Board of Directors during their meeting on January 31, 2026, which commenced at 02:00 p.m. and concluded at 05:15 p.m.

The disclosure has been made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding the project timeline adjustment. The company has communicated this development to both the National Stock Exchange of India Limited and BSE Limited as part of its listing compliance obligations.