GAIL Revises Down Volume Guidance for FY26 and FY27
GAIL has reduced its volume guidance for FY26 to 132.00 MMSCMD from 139.00 MMSCMD, a 5.04% decrease. For FY27, the guidance is lowered to 142.00 MMSCMD from 148.00 MMSCMD, a 4.05% reduction. Despite the downward revision, the company still projects growth from FY26 to FY27.
GAIL India has reaffirmed its financial guidance of Rs 4,000 crore for the upcoming years. The company also revealed a phased capacity increase plan for its new plant, starting at 60-70% in the first year, progressing to 90% in the second year, and reaching 100% in subsequent years.
14May 25
GAIL Anticipates Higher Gas Transmission in Q2 on Increased Power and Fertiliser Demand
GAIL (India) Limited expects increased gas transmission volumes in the second quarter of the fiscal year, driven by rising demand from power and fertiliser sectors. This anticipated growth could lead to improved pipeline utilization, potential revenue growth, and underscores GAIL's strategic importance in India's energy infrastructure. The outlook aligns with India's growing energy demand and shift towards cleaner energy sources.
GAIL India Inks MoU with Karnataka for 1 GW Renewable Energy Projects
GAIL (India) Limited has signed a Memorandum of Understanding with the Government of Karnataka to develop renewable energy projects with a capacity of up to 1 Gigawatt in the state. This strategic partnership aims to expand GAIL's footprint in the renewable energy sector and contribute to India's clean energy goals. The agreement is expected to diversify GAIL's business beyond natural gas and increase Karnataka's clean energy capacity.
GAIL (India) Limited reported a 6% year-on-year decline in Q4 FY2024-25 net profit to ₹2,049.00 crore, despite a 10% revenue increase to ₹35,707.00 crore. The profit drop was mainly due to losses in the petrochemicals segment. However, full-year performance showed 5% revenue growth and 28% profit increase. EBITDA and margins improved quarter-on-quarter. GAIL plans to transfer its city gas distribution business to a wholly-owned subsidiary and expects 6-8% growth in natural gas sales for the current fiscal year. A dividend of ₹1.00 per share was declared.
12May 25
GAIL India Ltd Sets Date for Q4 and FY25 Results, Dividend Announcement
GAIL India Ltd has announced important dates for May 2025. The company will release Q4 and FY25 results on May 13, 2025, along with dividend consideration. An earnings call is scheduled for May 14, 2025. The trading window for insiders will be closed from April 1 to May 15, 2025.
The Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed increasing gas pipeline tariffs for GAIL India from Rs 59.00 to Rs 77.43 per MMBTU, a 31.24% increase. An open house discussion is scheduled for May 14 to review the proposal. This potential hike could significantly impact GAIL's operations, financial performance, and the broader natural gas sector in India.
17Apr 25
GAIL Set to Benefit from Potential Tax Removal on US Ethane and LPG Imports
The Indian government is considering removing taxes on imports of ethane and LPG from the United States, which could boost GAIL's operations. This move may reduce import costs, improve profit margins, and enhance GAIL's competitiveness. GAIL maintains a strong financial position with AAA credit ratings from India Ratings and CARE Ratings. The company recently issued non-convertible debentures worth Rs. 1,575 crore, demonstrating its ability to access capital markets.
11Apr 25
GAIL India Seeks Strategic Stake in US LNG Project and Long-Term Supply Deal
GAIL (India) Limited has launched a tender to acquire up to 26% stake in a US LNG project and secure a 15-year supply agreement for 1 million metric tons of LNG annually. This strategic move aims to diversify GAIL's portfolio, ensure supply security, enhance its global market presence, and support India's transition to cleaner energy sources.
GAIL (India) Expands Global Footprint with New Subsidiary in GIFT City
GAIL (India) Limited has incorporated a new wholly owned subsidiary, GAIL Global IFSC Limited, in Gujarat's GIFT City. The subsidiary, established on April 7, 2025, with an authorized share capital of ₹17.00 crore and initial paid-up capital of ₹8.50 crore, aims to undertake global/regional corporate treasury activities and ship leasing. This strategic move, approved by the Indian government, is expected to enhance GAIL's financial capabilities and expand its international market presence.
29Mar 25
GAIL Set for ₹3,400 Crore Margin Boost from Pipeline Tariff Hike
Gas Authority of India Limited (GAIL) is expected to see a significant financial improvement following an increase in pipeline tariffs. The Economic Times reports that this hike could enhance GAIL's margins by approximately ₹3,400 crore. The tariff increase directly impacts GAIL's core business of natural gas transmission and distribution, potentially strengthening its financial position in the energy sector. While specific details of the tariff hike are not disclosed, the substantial projected boost could have significant implications for GAIL's overall financial health and operational capabilities.
26Mar 25
GAIL Secures PNGRB Approval for Strategic Pipeline Capacity Boost
GAIL (India) Limited has received approval from PNGRB to increase the capacity of its Dahej-Uran-Dabhol-Panvel natural gas pipeline from 19.90 MMSCMD to 22.50 MMSCMD. This expansion will enhance gas transportation capabilities in western India. Additionally, GAIL has formed a joint venture with Coal India Limited called Coal Gas India Limited, focusing on coal-to-synthetic natural gas production. The joint venture, incorporated on March 25, 2023, has an initial paid-up capital of ₹100,000 with CIL holding 51% and GAIL 49% stakes.
24Mar 25
GAIL India Addresses Share Price Movement and Potential Regulatory Changes
GAIL India Limited has issued a clarification regarding recent material price movements in its shares, following a proposal from the Petroleum and Natural Gas Regulatory Board (PNGRB) to amend natural gas tariff regulations. The proposed changes include reducing tariff zones, applying first zone unified tariff for certain CGD segments, revising isolated network tariffs, and adjusting fuel cost claims. GAIL states these draft regulations may not significantly impact pipeline entities due to revenue neutrality, could incentivize CGD development, and potentially positively affect transmission tariffs. The company cannot confirm if the share price movement on March 24, 2025, is directly related to these proposed changes.
03Mar 25
GAIL Partners with Accelera to Boost Green Hydrogen Initiatives
GAIL (India) Limited has formed a strategic partnership with Accelera to develop green hydrogen technologies. The collaboration focuses on production, transportation, and storage of green hydrogen, as well as exploring new applications and knowledge sharing on hydrogen-natural gas blending. This partnership aims to support India's clean energy transition and reduce carbon emissions in the energy sector.