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Informist, Friday, Oct. 31, 2025

 

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--GAIL Jul-Sept net profit INR 22.17 bln 
--Analysts saw GAIL Jul-Sept net profit at INR 20.96 bln 
--GAIL Jul-Sept revenue INR 350.31 bln 
--Analysts saw GAIL Jul-Sept revenue at INR 347.65 bln 
--GAIL Jul-Sept net profit INR 22.17 bln vs INR 26.72 bln year ago 
--GAIL Jul-Sept revenue INR 350.31 bln vs INR 329.31 bln year ago 
--GAIL Apr-Sept net profit INR 41.04 bln vs INR 53.96 bln year ago 
--GAIL Apr-Sept revenue INR 698.24 bln vs INR 666.22 bln year ago 
--GAIL Q2 natural gas marketing revenue INR 314.23 bln vs INR 287.47 bln 
--GAIL Q2 petrochemical revenue INR 20.02 bln vs INR 21.76 bln yr ago 

 

By Shreya Shetty

 

MUMBAI – GAIL (India) Ltd. reported a double-digit year-on-year fall in net profit for the September quarter owing to muted growth in gas transmission and marketing volumes and weak margins in petrochemicals as well as the liquefied petroleum gas business. Yet, the company's net profit were better than the Street's estimates.

 

The company posted a net profit of INR 22.17 billion for the reporting quarter, down 17% on year. Analysts had expected the company to report a bottom line of INR 20.96 billion. Sequentially, the net profit was up nearly 18%.

 

The company's revenue for the September quarter was INR 350.31 billion, up over 6% on year, exceeding the Street's expectation of INR 347.7 billion. From the trailing quarter, revenue was up nearly 1%.

 

For the half year ended Sept. 30, the company's consolidated net profit fell nearly 24% on year to INR 41.04 billion. However, the top line for the period rose nearly 5% on year to INR 698.24 billion.

Revenue from the company's natural gas marketing segment grew more than 9% on year to INR 314.23 billion in the September quarter. Earnings from its petrochemicals business for the reporting quarter were at INR 20.02 billion, down 8% on year. Revenue from the LPG and liquid hydrocarbons business was INR 11.50 billion, down over 11% on year. GAIL's other income rose 11% on year to INR 7.93 billion during the reporting quarter.

 

The company incurred an excise duty expense of INR 231.9 million during the September quarter. Its overall expenses for the quarter, including the excise duty, were INR 330.01 billion, up over 9% on year. The expenses excluding the duty were INR 329.77 billion. Expenses incurred towards purchase of stock-in-trade constituted the highest chunk of the company's overall expenses pie, rising over 11% on year to INR 270.50 billion. Other expenses rose nearly 20% on year to INR 22.98 billion. The cost of materials consumed was up nearly 9% at INR 21.24 billion.