Press Releases

GAIL reports PAT of ₹6,968 crore for FY2025-26; profitability moderated amid global headwinds, operations remain resilient

New Delhi, 21st May 2026: GAIL (India) Limited today announced its financial results for the financial year ended March 31, 2026.

Financial Performance (Standalone): GAIL reported Revenue from Operations of ₹1,38,697 crore in FY26, as against ₹1,37,288 crore in FY25. EBITDA stood at ₹13,119 crore, compared to ₹19,168 crore in the previous year. Profit Before Tax (PBT) for FY26 was ₹8,964 crore, against ₹14,825 crore in FY25. Profit After Tax (PAT) stood at ₹6,968 crore, as compared to ₹11,312 crore in the previous year. On a sequential basis, Revenue from Operations in Q4 FY26 stood at ₹34,797 crore, as against ₹34,076 crore in Q3 FY26. EBITDA for Q4 FY26 was ₹2,175 crore, compared with ₹3,335 crore in Q3 FY26. PBT stood at ₹1,577 crore in Q4 FY26, versus ₹2,030 crore in Q3 FY26. PAT for the quarter was ₹1,262 crore, as against ₹1,603 crore in Q3 FY26.

Financial Performance (Consolidated): On a consolidated basis, Revenue from Operations in FY26 stood at ₹1,42,094 crore, as against ₹1,42,290 crore in FY25. EBITDA stood at ₹14,524 crore, compared to ₹20,635 crore in the previous year. PBT was ₹9,725 crore, as against ₹16,095 crore in FY25. PAT (excluding minority interest) stood at ₹7,582 crore, as compared to ₹12,450 crore in the previous year. For Q4 FY26, Revenue from Operations stood at ₹35,705 crore, compared to ₹35,303 crore in Q3 FY26. EBITDA was ₹2,703 crore, versus ₹3,610 crore in the previous quarter. PBT stood at ₹1,966 crore, compared to ₹2,165 crore in Q3 FY26. PAT (excluding minority interest) stood at ₹1,485 crore, as against ₹1,756 crore in Q3 FY26.

Dividend
The Board of Directors has recommended a final dividend of ₹ 0.50 per equity share (face value ₹10 per share) for FY 2025–26, subject to shareholder approval at the forthcoming AGM. This is in addition to the interim dividend of ₹ 5.00 per share, taking the total dividend payout ratio for the year to 51.90%.

Capital Expenditure
During FY26, the Company incurred a capex of ₹9,594 crore, primarily towards pipeline infrastructure, petrochemical projects, operational capex and equity contributions to joint ventures and subsidiaries, in line with its long-term growth strategy.

Operational Highlights (FY26 vs FY25):

• Natural Gas Transmission: 122.18 MMSCMD vs. 127.32 MMSCMD
• Gas Marketing Volume: 104.21 MMSCMD vs. 101.49 MMSCMD
• LHC Production: 813 TMT vs. 947 TMT
• Polymer Production: 768 TMT vs. 827 TMT
• LPG Transmission: 4,600 TMT vs. 4,478 TMT

Quarterly Performance (Q4 FY26 vs Q3 FY26):

• Gas Transmission: 118.99 MMSCMD vs. 125.45 MMSCMD
• Gas Marketing: 101.88 MMSCMD vs. 103.98 MMSCMD
• LHC Sales: 195 TMT vs. 200 TMT
• Polymer Sales: 180 TMT vs. 218 TMT
• LPG Transmission: 1,114 TMT vs. 1,188 TMT

CMD’s Statement: Shri Deepak Gupta, Chairman & Managing Director, GAIL (India) Limited, said: "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."

Shri Gupta further highlighted: "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."