GAIL Q2 Profit More Than Doubles to Rs 4,650 Crore; Revenue Surges to Rs 45,924 Crore – Indian PSU
State-owned gas major GAIL (India) Limited has reported a sharp increase in profitability for the second quarter of FY 2026-27, with standalone net profit more than doubling year-on-year to Rs 4,650.22 crore. Revenue from operations rose to Rs 45,923.57 crore in the quarter ended September 30, 2026, reflecting strong growth in the company’s topline.
The Maharatna public sector undertaking reported a standalone net profit of Rs 2,217.24 crore in the corresponding quarter of the previous financial year. Revenue from operations increased from Rs 35,031.24 crore in Q2 FY26 to Rs 45,923.57 crore in Q2 FY27.
The company’s board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, at its meeting held on October 30, 2026.
GAIL Q2 FY27: Key Financial Highlights
GAIL’s standalone financial performance for the September quarter was as follows:
- Revenue from operations: Rs 45,923.57 crore
- Total income: Rs 46,562.99 crore
- Profit before tax: Rs 5,838.21 crore
- Net profit after tax: Rs 4,650.22 crore
- Basic earnings per share: Rs 7.07
The results reflect substantial year-on-year growth in revenue and net profit, strengthening the company’s financial performance during the quarter.
Consolidated Profit Rises 139% to Rs 4,720 Crore
On a consolidated basis, GAIL reported a net profit of Rs 4,719.66 crore for Q2 FY27, registering a year-on-year increase of approximately 139.3% from Rs 1,972.40 crore in the corresponding quarter of the previous financial year.
Consolidated revenue also recorded strong growth, rising approximately 33% year-on-year, reflecting the company’s improved earnings performance across its business operations.
First-Half FY27 Profit Crosses Rs 8,900 Crore
GAIL’s financial performance remained strong during the first half of the current financial year.
For the six months ended September 30, 2026, the company reported standalone net profit of Rs 8,942.55 crore and revenue from operations of Rs 84,905.19 crore.
Standalone profit before tax for the first half stood at Rs 11,611.44 crore, while total income reached Rs 86,116.52 crore. Basic earnings per share for the six-month period stood at Rs 13.60.
EBITDA Growth Remains Modest Despite Higher Revenue
Despite the sharp increase in revenue and net profit, GAIL’s operating performance showed a more moderate improvement on a sequential basis.
The company’s EBITDA stood at approximately Rs 6,412 crore in Q2 FY27, compared with Rs 6,377 crore in the preceding quarter. The EBITDA margin declined to around 14% from 16.4% in Q1 FY27.
The contrasting performance of revenue, net profit and operating margins will remain an important aspect of the company’s financial performance to watch in subsequent quarters.
