| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 35.7K | 1.1% | 2.3% |
| Total Income | 36.5K | 2.4% | 1.2% |
| Expenditure | 35.0K | 3.5% | 3.0% |
| PBT | 1.5K | 17.1% | 49.0% |
| Net Profit | 1.5K | 14.3% | 40.9% |
| OPM | 4.07% | 4.22pp | 5.60pp |
| NPM | 4.06% | 0.79pp | 2.72pp |
| EPS | 2.26 | 15.4% | 40.4% |
GAIL FY26 PAT at ₹6,968 Cr, Dividend ₹0.50 Per Share
21 May 2026 · 21 May, 7:12 pm
Summary
GAIL (India) Limited announced a standalone Profit After Tax of ₹6,968 crore for FY26, a notable moderation from the previous fiscal year's ₹11,312 crore, despite a marginal increase in standalone Revenue from Operations to ₹1,38,697 crore. This profitability decline, also seen in EBITDA which dropped to ₹13,119 crore, was attributed to challenging global backdrops and geopolitical developments. Chairman & Managing Director, Shri Deepak Gupta, highlighted the company's resilient operational performance amidst these headwinds, supported by continued focus on operational continuity and strategic investments. GAIL made a significant capital expenditure of ₹9,594 crore in FY26 and committed to future growth avenues by approving investments in renewable energy projects.
Key Highlights
- 1
GAIL (India) Limited reported a standalone Profit After Tax (PAT) of ₹6,968 crore for FY26, a significant decline compared to ₹11,312 crore in FY25.
- 2
Standalone Revenue from Operations for FY26 showed a marginal increase to ₹1,38,697 crore from ₹1,37,288 crore in the previous fiscal year.
- 3
The company's standalone EBITDA for FY26 moderated to ₹13,119 crore, down from ₹19,168 crore in FY25, reflecting global headwinds.
- 4
For Q4 FY26, standalone PAT stood at ₹1,262 crore, experiencing a sequential decrease from ₹1,603 crore in Q3 FY26.
- 5
GAIL incurred a substantial capital expenditure of ₹9,594 crore during FY26, primarily aimed at pipeline infrastructure and petrochemical projects.
- 6
Operational milestones for FY26 included adding approximately 2,000 km to the pipeline network and achieving its highest-ever LPG transmission volume of 4.6 MMTPA.
- 7
The Board approved significant investments in renewable energy projects, including ~700 MW of solar and ~178 MW of wind capacity, reinforcing commitment to energy transition.
Management Comments
Shri Deepak Gupta
The year was marked by a challenging & complex global backdrop, beginning with the ongoing Russia-Ukraine conflict and evolving geopolitical developments including the onset of the West Asian crisis towards the later part of the year. Despite these headwinds, supported by timely policy interventions by the Government, GAIL delivered a resilient operational and financial performance. Our teams remained focused on ensuring operational continuity, cost discipline, and supply reliability, enabling the Company to effectively navigate a volatile market environment. During the year, we added approximately 2,000 km of pipeline network and achieved the highest-ever LPG transmission of 4.6 MMTPA. Further, GAIL is doubling the capacity of Jamnagar-Loni LPG pipeline to 6.5 MMTPA. As we advance towards our Strategy 2030 and net-zero commitments, the Company continues to invest in future-ready growth avenues. The Board has accorded investment approval for key renewable energy projects, including ~700 MW of solar and ~178 MW of wind capacity, 6 CBG plants with total capacity of around 95 TPD, reinforcing GAIL’s commitment to energy transition, sustainability and long-term value creation.
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