New Delhi, July 31 -- GAIL (India) Ltd on Friday reported a strong financial performance for the first quarter of FY27, with standalone Profit After Tax (PAT) rising to Rs 4,292 crore compared with Rs 1,262 crore in the previous quarter, supported by robust transmission and liquid hydrocarbon operations.
The company's standalone revenue from operations stood at Rs 38,982 crore in Q1 FY27, compared with Rs 34,797 crore in Q4 FY26. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased to Rs 6,948 crore from Rs 2,175 crore in the previous quarter. Standalone Profit Before Tax (PBT) stood at Rs 5,773 crore, compared with Rs 1,577 crore in Q4 FY26.
On a consolidated basis, GAIL reported revenue from operations of Rs 41,350 crore in Q1 FY27, compared with Rs 35,705 crore in the previous quarter. Consolidated EBITDA stood at Rs 7,573 crore, up from Rs 2,703 crore in Q4 FY26, while PBT increased to Rs 6,268 crore from Rs 1,966 crore. Consolidated PAT, excluding minority interest, stood at Rs 4,665 crore, compared with Rs 1,485 crore in Q4 FY26.
GAIL said the quarter reflected resilience in natural gas transmission and liquid hydrocarbon operations, although geopolitical disruptions impacted gas marketing and polymer volumes.
During Q1 FY27, the company recorded capital expenditure of Rs 6,176 crore against an annual planned capex of around Rs 11,500 crore, in line with its long-term growth strategy.
Operationally, natural gas transmission volume increased to 122.36 MMSCMD from 118.99 MMSCMD in Q4 FY26, while gas marketing volume declined to 93.82 MMSCMD from 101.88 MMSCMD. Liquid hydrocarbon (LHC) production rose to 232 TMT from 194 TMT, whereas polymer production fell to 51 TMT from 153 TMT. LPG transmission stood at 1,077 TMT compared with 1,114 TMT in the previous quarter.
GAIL Chairman & MD Deepak Gupta said the company managed volatility caused by the West Asia crisis through portfolio flexibility and spot sourcing while continuing to support customer requirements and India's energy security.
He further said GAIL has received PNGRB authorisation for three LPG pipelines - Jhansi-Sitarganj, Cherlapalli-Nagpur and Shikrapur-Hubli-Goa - with a combined length of over 1,800 km and an estimated investment of around Rs. 6,700 crore over three years. He also informed that Konkan LNG Limited (KLL) has become a wholly owned subsidiary of GAIL pursuant to an NCLT order.
Published by HT Digital Content Services with permission from Millennium Post.