GAIL (India) Limited hits new highs: Unprecedented revenue and profit revealed

GAIL (India) Limited has announced a remarkable performance for the first quarter of fiscal year 2025, with a significant increase in both revenue and profit metrics. The company’s Revenue from Operations surged to ₹33,692 crore in Q1 FY-25, surpassing the ₹32,227 crore recorded in Q1 FY-24. The Profit Before Tax (PBT) for the quarter jumped to ₹3,642 crore, a substantial increase from ₹1,889 crore in the same period last year. The Profit After Tax (PAT) also saw a notable rise, reaching ₹2,724 crore, compared to ₹1,412 crore in Q1 FY-24.

Strong Quarter-On-Quarter Growth

Comparing the latest quarter with the previous one, GAIL’s performance remained robust. Revenue from Operations grew from ₹32,335 crore in Q4 FY-24 to ₹33,692 crore in Q1 FY-25. The PBT witnessed a remarkable growth of 28%, reaching ₹3,642 crore in Q1 FY-25, up from ₹2,842 crore in Q4 FY-24. Similarly, PAT increased by 25% to ₹2,724 crore from ₹2,177 crore in the previous quarter. This growth can be attributed to a rise in gas transmission volumes, higher domestic natural gas marketing volumes, and improved marketing margins.

Consolidated Financial Performance

On a consolidated basis, GAIL’s Revenue from Operations stood at ₹34,822 crore in Q1 FY-25, compared to ₹32,833 crore in Q4 FY-24. The PBT for the consolidated results was ₹4,114 crore, up from ₹3,099 crore in the previous quarter. PAT, excluding non-controlling interests, reached ₹3,183 crore in Q1 FY-25, showing an increase from ₹2,469 crore in Q4 FY-24.

Capital Expenditure and Sustainability Goals

Sandeep Kumar Gupta, Chairman and Managing Director of GAIL, highlighted the company’s strategic investments and sustainability efforts. During the quarter, GAIL incurred a capital expenditure of approximately ₹1,659 crore, focusing on pipelines, petrochemicals, and equity contributions to joint ventures. This expenditure represents about 21% of the company’s annual target of ₹8,044 crore. Gupta also announced an accelerated target for achieving net zero carbon emissions, advancing the goal for scope-1 and scope-2 emissions from 2040 to 2035.

GAIL’s strong financial results and strategic investments underscore its commitment to growth and sustainability, positioning the company for continued success in the energy sector.