Press Releases

GAIL clocks Revenue of Rs 32,931 crore, PAT of Rs 2,672 crore in Q2 FY’25

New Delhi, November 05, 2024 : GAIL (India) Limited reported Revenue from Operations of Rs 66,622 crore for the period April – September 2024 as compared to Rs 64,050 crore in corresponding period of Financial Year 2023-24. Profit before Tax (PBT) for H1 FY25 stood at Rs 7,095 crore as compared to Rs 5,019 crore for the corresponding period in previous year. Profit after Tax (PAT) stood at Rs 5,396 crore in H1 FY25 as compared to Rs 3,817 crore in corresponding period of previous year. GAIL has witnessed its highest-ever half-yearly EBITDA, PBT & PAT in H1 FY’2025.

Quarter on Quarter basis, Revenue from Operations was reported at Rs 32,931 crore in Q2 FY-25 as against Rs 33,692 crore in Q1 FY-25. PBT stood at Rs 3,453 crore in Q2 FY-25 as against Rs 3,642 crore during Q1 FY-25. PAT stood at Rs 2,672 crore in Q2 FY-25 as against Rs 2,724 crore in Q1 FY-25.

The Natural Gas transmission volume stood at 130.63 MMSCMD in Q2 FY-25 & Gas marketing volume was 96.60 MMSCMD in Q2 FY’25. The LHC & Polymer sale stood at 253 TMT & 226 TMT respectively in Q2 FY-25 as compared to 218 TMT & 169 TMT respectively in Q1 FY-25.

In Q2 FY’25, Petrochemical segment clocked PBT of Rs 157 crore as against loss of Rs 42 crore in Q1 FY’25. Shri Sandeep Kumar Gupta, CMD, GAIL mentioned that Petrochemical segment is expected to be reasonably profitable in FY 2024-25.

On Consolidated basis, Revenue from Operations stood at Rs 68,803 crore in H1 FY25 as against Rs 65,898 crore during H1 FY24. PBT in H1 FY25 stood at Rs 7,583 crore as against Rs 5,421 crore in H1 FY24. PAT (excluding Non-controlling interest) was Rs 5,876 crore in H1 FY25 as against Rs 4,236 crore in H1 FY24.

The Company has incurred a Capex of Rs 1,885 crore during the current quarter, mainly on Pipelines, Petrochemicals etc., taking cumulative capex upto H1 FY25 to Rs 3,544 crore.