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:

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.

GAIL (India) Limited, the country's largest gas transmission and distribution company, has reported a net profit of ₹1,886 crore for the first quarter of fiscal year 2026, showcasing the company's resilience in a dynamic energy market. The state-owned entity also announced an ambitious capital expenditure plan of ₹10,700 crore for FY26, signaling its commitment to growth and infrastructure development.

Financial Performance

For the quarter ended June 30, 2025, GAIL posted a revenue from operations of ₹34,792.00 crore, compared to ₹33,692.00 crore in the same period last year, marking a 3.3% increase. The company's Profit Before Tax (PBT) stood at ₹2,533.00 crore, while the Profit After Tax (PAT) reached ₹1,886.00 crore.

On a quarter-on-quarter basis, GAIL's performance showed a slight moderation. Revenue from operations decreased from ₹35,707.00 crore in Q4 FY25 to ₹34,792.00 crore in Q1 FY26. Similarly, PAT declined from ₹2,049.00 crore to ₹1,886.00 crore.

Consolidated Results

On a consolidated basis, GAIL reported a revenue from operations of ₹35,429.00 crore for Q1 FY26. The consolidated Profit Before Tax (PBT) stood at ₹3,029.00 crore, while the Profit After Tax (PAT) excluding non-controlling interest was ₹2,369.00 crore.

Capital Expenditure Plans

GAIL's Chairman & Managing Director, Shri Sandeep Kumar Gupta, announced that the company has incurred a capex of approximately ₹3,176.00 crore during the current quarter. This expenditure was primarily focused on pipelines, petrochemicals, and equity contributions to joint ventures.

Looking ahead, GAIL has unveiled an ambitious capital expenditure plan of ₹10,700.00 crore for FY26. The planned investments are strategically distributed across various segments:

LPG Pipeline Expansion

In a significant development, 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 aims to 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 contribute to reducing CO₂ emissions and road-related accidents.

Sustainability Recognition

GAIL's commitment to sustainability and strong Environmental, Social, and Governance (ESG) performance has been recognized internationally. The company has been included in the prestigious FTSE4Good Index series for the seventh consecutive year, underscoring its dedication to responsible business practices.

As GAIL continues to expand its operations and invest in future growth, the company remains focused on strengthening its position in the natural gas and petrochemicals sectors while also embracing sustainable practices and technologies.