GAIL, RCF Sign MoU for Gas-Based Fertilizer Project

GAIL (India) Limited and Rashtriya Chemicals & Fertilizers Limited (RCF) have signed a Memorandum of Understanding (MoU) to establish a gas-based fertilizer project in Maharashtra. This collaboration aims to leverage GAIL's expertise in gas infrastructure and RCF's experience in fertilizer production. The filing also included GAIL's financial results for Q2 FY2026-27, reporting Revenue from Operations of ₹84,905 crore for H1 FY27, a significant increase from ₹71,086 crore in H1 FY26. Profit After Tax (PAT) for H1 FY27 stood at ₹38,943 crore, up from ₹34,104 crore in the previous year. Consolidated PAT (excluding minority interest) was ₹39,385 crore, compared to ₹34,342 crore in H1 FY26. The company maintained robust volumes across segments despite geopolitical challenges and recorded a cumulative capex of ₹7,600 crore in H1 FY27.