State-owned GAIL (India) Limited has reported a sharp improvement in its financial performance for the first half of FY2026-27, with standalone profit after tax (PAT) more than doubling to Rs 8,943 crore from Rs 4,104 crore in the corresponding period last year.

 

The company's standalone revenue from operations for April-September 2026 surged to Rs 84,905 crore, compared with Rs 69,824 crore in the first half of FY2025-26.

 

Profit before tax (PBT) also witnessed a strong jump, rising to Rs 11,611 crore in H1 FY27 from Rs 5,357 crore a year earlier.

 

GAIL delivered a robust performance in the July-September quarter, with revenue from operations climbing to Rs 45,924 crore against Rs 38,981 crore in the preceding quarter. Standalone PAT increased to Rs 4,650 crore from Rs 4,292 crore, while PBT rose to Rs 5,838 crore from Rs 5,773 crore.

 

The company attributed its performance to resilience in natural gas transmission and marketing, with volumes remaining robust across major business segments despite geopolitical headwinds.

 

GAIL's consolidated financial performance also recorded substantial growth during the first half of FY27.

 

Consolidated revenue from operations rose to Rs 88,651 crore from Rs 71,086 crore in H1 FY26. Consolidated PBT more than doubled to Rs 12,368 crore from Rs 5,594 crore.

 

Consolidated PAT, excluding minority interest, surged to Rs 9,385 crore, compared with Rs 4,342 crore in the corresponding period last year.

 

Signalling its continued focus on expansion and long-term growth, GAIL incurred capital expenditure of Rs 7,600 crore during H1 FY27, including Rs 1,425 crore in the second quarter.

 

The expenditure forms part of the company's annual planned capital investment of approximately Rs 12,900 crore.

 

GAIL registered growth across all its key operational segments in Q2 FY27 compared with the previous quarter, with natural gas transmission and marketing volumes recording healthy increases.

 

Natural gas transmission volumes rose to 130.10 MMSCMD from 122.36 MMSCMD, while gas marketing volumes increased to 97.23 MMSCMD from 93.82 MMSCMD.

 

LHC production climbed to 256 TMT from 232 TMT. Polymer production registered a particularly sharp increase, surging to 204 TMT from 51 TMT in Q1 FY27.

 

LPG transmission volumes also increased to 1,130 TMT from 1,077 TMT.

 

The performance underscores GAIL's continued operational momentum, with growth across its transmission, marketing and production businesses underpinning its strong financial showing in the first half of FY27.