Gujarat Gas announced strong Q3 FY26 results, highlighted by a record CNG volume of 3.45 mmscmd, an 11% increase year-over-year. The company added over 38,600 new domestic customers. The company’s EBITDA increased by 14% to ₹502 Crore, while PAT rose by 20% to ₹266 Crore. GGL’s FDODO model is expanding with ~78 agreements signed.
Q3 FY26 Key Highlights
Gujarat Gas Limited (GGL) reported its Q3 FY26 results, showcasing growth in key operational and financial metrics.
Volume Growth
The company achieved a record CNG volume of 3.45 mmscmd during Q3 FY26, an increase of 11% compared to 3.12 mmscmd in Q3 FY25. PNG volumes also increased, with domestic PNG up 11% and commercial PNG up 8%.
FDODO Expansion
Gujarat Gas is actively expanding its FDODO CNG station model, having signed approximately 78 agreements to date. One FDODO station became operational in Jamnagar during Q2 FY26.
Financial Performance
Key financial highlights for Q3 FY26 include:
- Revenue from operations reached ₹3,865 crore.
- EBITDA increased by 14% to ₹502 Crore.
- PAT increased by 20% to ₹266 Crore.
Operational Growth
Gujarat Gas continues to expand its network, adding over 38,600 new domestic customers in Q3 FY26, now serving over 23.83 lakh households. The company’s pipeline network spans approximately 44,540 Inch Km.
Sales Volume Details
| Sales Volumes (in mmscmd) | Q3 FY 2026 |
|---|---|
| Industrial | 3.93 |
| CNG | 3.45 |
| PNG – Domestic | 0.83 |
| PNG – Commercial | 0.17 |
| Total | 8.37 |
^Volumes rounded to two decimals.
Source: BSE
