GAIL Reports 12% Jump in Revenue to ₹38,982 Crore in Q1 FY27, PAT More Than Triples

GAIL posted Revenue from Operations of ₹38,982 crore for Q1 FY27, up from ₹34,797 crore in the previous quarter (Q4 FY26). EBITDA more than tripled to ₹6,948 crore, compared to ₹2,175 crore in Q4 FY26.

Profit Before Tax (PBT) stood at ₹5,773 crore, sharply higher than ₹1,577 crore in the previous quarter, while Profit After Tax (PAT) came in at ₹4,292 crore, against ₹1,262 crore in Q4 FY26.

*Consolidated Financial Performance*

On a consolidated basis, Revenue from Operations for Q1 FY27 stood at ₹41,350 crore, up from ₹35,705 crore in Q4 FY26. EBITDA rose to ₹7,573 crore from ₹2,703 crore, while PBT stood at ₹6,268 crore against ₹1,966 crore in the previous quarter. PAT (excluding minority interest) came in at ₹4,665 crore, compared to ₹1,485 crore in Q4 FY26.

*Capital Expenditure*

GAIL recorded a capex of ₹6,176 crore during Q1 FY27, against an annual planned capex of approximately ₹11,500 crore, in line with the company's long-term growth strategy.

*Operational Highlights (Q1 FY27 vs Q4 FY26)*

- Natural Gas Transmission: 122.36 MMSCMD vs 118.99 MMSCMD
- Gas Marketing Volume: 93.82 MMSCMD vs 101.88 MMSCMD
- LHC Production: 232 TMT vs 194 TMT
- Polymer Production: 51 TMT vs 153 TMT
- LPG Transmission: 1,077 TMT vs 1,114 TMT

The sequential increase in natural gas transmission and liquid hydrocarbon production reflects the strength of GAIL's core infrastructure, even as lower gas marketing and polymer volumes point to the impact of external disruptions during the quarter.

*CMD's Statement*

Shri Deepak Gupta, Chairman & Managing Director, GAIL (India) Limited, said that FY2026-27 began amid sharp volatility triggered by the West Asia crisis, which affected certain GAIL volumes. He noted that the company managed the disruption through portfolio flexibility and spot sourcing, while continuing to support customer requirements and India's energy security, adding that GAIL's diversified portfolio proved to be a key strength in navigating the quarter effectively. He also appreciated the GAIL team for its continuous efforts in meeting customer expectations and maintaining a resilient supply chain amid the crisis.

*New Pipeline Authorizations and KLL Acquisition*

Shri Gupta further informed that GAIL has received authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) for three new LPG pipelines — Jhansi-Sitarganj, Cherlapalli-Nagpur, and Shikrapur-Hubli-Goa. The combined length of these pipelines exceeds 1,800 km, with an estimated investment of around ₹6,700 crore spread over three years. Additionally, pursuant to an order from the National Company Law Tribunal (NCLT), Konkan LNG Limited (KLL) has become a wholly owned subsidiary of GAIL.