Stock Report

GAIL (India) Limited Reports Strong Q1 FY27 Performance; Consolidated Net Profit Surges 96% YoY to Rs. 4,671 Crore

Posted On : 2026-07-31 22:52:54( TIMEZONE : IST )

State-owned energy major GAIL (India) Limited has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Backed by robust performance in Natural Gas Marketing and Liquid Hydrocarbons, GAIL recorded substantial top-line and bottom-line growth on both standalone and consolidated levels.

Consolidated Financial Performance Overview

For the quarter ended June 30, 2026 (Q1 FY27), GAIL achieved a consolidated Revenue from Operations of Rs. 41,350.18 crore, marking a 16.71% year-over-year expansion compared to Rs. 35,428.81 crore reported in Q1 FY26. Sequentially, revenue increased by 15.81% over Rs. 35,705.49 crore recorded in Q4 FY26.

Total consolidated income stood at Rs. 41,482.65 crore for Q1 FY27, inclusive of Rs. 132.47 crore in other income.

                  Consolidated Net Profit Trend
                          (Rs. in Crores)

    5,000 ┬────────────────────────────────────────────────────────
          │                                           ┌──────────┐
    4,000 ┼───────────────────────────┌──────────┐    │ 4,670.99 │
          │                           │ 1,481.46 │    │          │
    3,000 ┼───────────┌──────────┐    │          │    │          │
          │           │ 2,382.24 │    │          │    │          │
    2,000 ┴───────────┴──────────┴────┴──────────┴────┴──────────┴─
                       Q1 FY26         Q4 FY26         Q1 FY27

Consolidated Expense Summary

Total expenses for the quarter rose to Rs. 35,557.81 crore (up from Rs. 32,965.71 crore in Q1 FY26), primarily driven by higher stock-in-trade purchases:

Purchase of Stock-in-Trade: Rs. 31,408.06 crore (vs. Rs. 26,520.61 crore in Q1 FY26)

Cost of Materials Consumed: Rs. 1,405.84 crore (vs. Rs. 1,753.98 crore in Q1 FY26)

Other Expenses: Rs. 2,088.74 crore (vs. Rs. 2,082.35 crore in Q1 FY26)

Depreciation & Amortization: Rs. 986.53 crore (vs. Rs. 992.72 crore in Q1 FY26)

Employee Benefits Expense: Rs. 553.35 crore (vs. Rs. 533.98 crore in Q1 FY26)

Finance Costs: Rs. 318.96 crore (vs. Rs. 212.92 crore in Q1 FY26)

Excise Duty: Rs. 152.57 crore

Consolidated Profitability Highlights

Profit Before Tax (before Share of Associates/JVs): Reached Rs. 5,924.84 crore, up 127.25% YoY from Rs. 2,607.23 crore in Q1 FY26.

Share of Profit from Associates & Joint Ventures: Contributed Rs. 342.72 crore to earnings.

Profit Before Tax (PBT): Rose 106.93% YoY to Rs. 6,267.56 crore, compared to Rs. 3,028.84 crore in Q1 FY26 and Rs. 1,966.37 crore in Q4 FY26.

Total Tax Expenses: Stood at Rs. 1,596.57 crore (Current Tax: Rs. 1,333.54 crore; Deferred Tax: Rs. 263.03 crore).

Consolidated Net Profit After Tax: Climbed 96.08% year-over-year to Rs. 4,670.99 crore, compared to Rs. 2,382.24 crore in Q1 FY26 and Rs. 1,481.46 crore in Q4 FY26.

Attributable Profit: Net profit attributable to owners of the parent company stood at Rs. 4,665.36 crore.

Consolidated EPS: Basic and diluted EPS surged to Rs. 7.10 per share (face value Rs. 10/- each) from Rs. 3.60 in Q1 FY26.

Standalone Performance Highlights

On a standalone basis, GAIL generated Revenue from Operations of Rs. 38,981.63 crore in Q1 FY27, marking a 12.04% YoY increase over Rs. 34,792.45 crore reported in Q1 FY26. Standalone total income stood at Rs. 39,553.54 crore, supported by other income of Rs. 571.91 crore.

Standalone Key Financial Indicators

Total Standalone Expenses: Stood at Rs. 33,780.31 crore (compared to Rs. 32,550.94 crore in Q1 FY26).

Profit Before Tax (PBT): Expanded 127.88% YoY to Rs. 5,773.23 crore, up from Rs. 2,533.43 crore in Q1 FY26.

Total Tax Expense: Stood at Rs. 1,480.90 crore (Current Tax: Rs. 1,297.85 crore; Deferred Tax: Rs. 183.05 crore).

Net Profit After Tax: Surged 127.55% YoY to Rs. 4,292.33 crore, compared to Rs. 1,886.34 crore in Q1 FY26 and Rs. 1,262.18 crore in Q4 FY26.

Standalone EPS: Stood at Rs. 6.53 per equity share (Basic and Diluted).

Standalone Key Ratios & Financial Metrics

Operating Margin: Expanded to 14.17% in Q1 FY27 (vs. 7.06% in Q1 FY26 and 2.33% in Q4 FY26).

Net Profit Margin: Expanded to 11.04% in Q1 FY27 (vs. 5.43% in Q1 FY26 and 3.65% in Q4 FY26).

Interest Service Coverage Ratio (ISCR): Strengthened to 17.70x (vs. 11.60x in Q1 FY26 and 6.44x in Q4 FY26).

Debt Service Coverage Ratio (DSCR): Stood at 4.88x (vs. 2.92x in Q1 FY26).

Debt to Equity Ratio: Stood at 0.32x as of June 30, 2026.

Net Worth: Reached Rs. 70,657.66 crore as of June 30, 2026.

Current Ratio: Stood at 1.02x.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 181.40 as compared to the previous close of Rs. 173.55. The total number of shares traded during the day was 1456868 in over 9339 trades.

The stock hit an intraday high of Rs. 182.00 and intraday low of 173.55. The net turnover during the day was Rs. 261380931.00.