GAIL Reports ₹34,792 Crore Revenue, Plans ₹10,700 Crore Capex for FY26
By ScanX News Team
GAIL (India) Limited reported Q1 FY26 revenue of ₹34,792 crore, up 3.3% year-on-year. Profit After Tax stood at ₹1,886 crore. The company announced a ₹10,700 crore capex plan for FY26, with major investments in petrochemicals and pipeline infrastructure. GAIL received approval to double its Jamnagar-Loni LPG pipeline capacity to 6.5 MMTPA. The company has already spent ₹3,176 crore in Q1 FY26 on various projects. GAIL was included in the FTSE4Good Index series for the seventh consecutive year, highlighting its strong ESG performance.
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GAIL (India) Limited , India's leading natural gas company, has announced its financial results for the first quarter of fiscal year 2025-26 (Q1 FY26) and outlined ambitious capital expenditure plans for the coming year.
Q1 FY26 Financial Highlights
GAIL reported a revenue from operations of ₹34,792.00 crore in Q1 FY26, compared to ₹33,692.00 crore in the same quarter last year, marking a 3.3% year-on-year increase. The company's Profit Before Tax (PBT) stood at ₹2,533.00 crore, while Profit After Tax (PAT) came in at ₹1,886.00 crore for the quarter.
Quarter-on-Quarter Performance
On a sequential basis, GAIL's revenue from operations decreased slightly from ₹35,707.00 crore in Q4 FY25 to ₹34,792.00 crore in Q1 FY26. The company's PBT also saw a marginal decline from ₹2,701.00 crore to ₹2,533.00 crore, while PAT decreased from ₹2,049.00 crore to ₹1,886.00 crore.
Consolidated Results
On a consolidated basis, GAIL's revenue from operations for Q1 FY26 stood at ₹35,429.00 crore, compared to ₹36,551.00 crore in Q4 FY25. The consolidated PBT was ₹3,029.00 crore, and PAT (excluding non-controlling interest) came in at ₹2,369.00 crore for the quarter.
Capital Expenditure Plans
GAIL has announced a significant capital expenditure target of ₹10,700.00 crore for FY26. This investment will be spread across various segments:
| Segment | Amount (₹ crore) | Percentage |
|---|---|---|
| Pipeline infrastructure | 2750.00 | 25.70% |
| City Gas Distribution (Equity) | 200.00 | 1.87% |
| Petrochemicals | 3000.00 | 28.04% |
| Exploration & Production | 250.00 | 2.34% |
| Net Zero/Renewables | 1200.00 | 11.21% |
| Equity Investments | 1400.00 | 13.08% |
| Operational Capex & Others | 1900.00 | 17.76% |
Expansion of LPG Pipeline Capacity
GAIL has received authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) for the capacity expansion of its Jamnagar-Loni LPG pipeline. The project will double the pipeline's capacity from 3.25 MMTPA to 6.5 MMTPA, with an estimated capex of approximately ₹5,000.00 crore. The expansion is expected to be completed within three years and will significantly reduce CO₂ emissions, road mishaps, and leaks.
Management Commentary
Shri Sandeep Kumar Gupta, Chairman & Managing Director of GAIL, stated that the company has already incurred a capex of approximately ₹3,176.00 crore during Q1 FY26, primarily in pipelines, petrochemicals, and equity contributions to joint ventures.
Sustainability Recognition
GAIL has been included in the prestigious FTSE4Good Index series for the seventh consecutive year, underscoring the company's commitment to sustainability and strong Environmental, Social, and Governance (ESG) performance.
The company's focus on expanding its infrastructure, diversifying into renewables, and maintaining strong financial performance demonstrates its commitment to growth and sustainability in the evolving energy landscape.
Historical Stock Returns for GAIL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.56% | -4.69% | -7.76% | -0.39% | -26.82% | +178.83% |
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