GAIL (India) Limited announced its Q3 FY26 results, reporting a profit of ₹1,602.57 crore. The board has declared an interim dividend of ₹5.00 per equity share. Revenue from operations stood at ₹34,075.81 crore for the quarter. The company is contesting provisional tariff orders and is involved in a dispute over naphtha classification, with ongoing legal proceedings. The board has emphasized confidence in recovering dues from Nagarjuna Fertilizers.
Financial Performance
GAIL (India) Limited has released its unaudited standalone financial results for Q3 FY26, revealing a net profit of ₹1,602.57 crore. Total income for the quarter reached ₹34,755.27 crore. For the nine months ending December 31, 2025, the net profit stood at ₹9,263.29 crore.
Interim Dividend
The Board of Directors has declared an interim dividend of ₹5.00 per equity share (face value of ₹10 each), amounting to ₹3,287.55 crore. The record date for the dividend is February 5, 2026.
Segmental Performance
Revenue from operations for various segments include:
- Natural Gas Transmission: ₹2,760.81 crore
- Natural Gas Marketing: ₹30,605.41 crore
- Petrochemicals: ₹2,020.91 crore
- LPG and Liquid Hydrocarbons: ₹973.44 crore
Emphasis on Matters
The company is contesting two provisional tariff orders issued by the Petroleum and Natural Gas Regulatory Board (PNGRB). An adjustment will be recognized when the matter is decided.
CESTAT’s order regarding the classification of ‘Naphtha’ is being contested at the Supreme Court. GAIL does not foresee any probable outflow and has treated it as a contingent liability.
Recoverable outstanding dues of ₹915.68 crore from Nagarjuna Fertilizers and Chemicals Limited (NFCL) are outstanding. The management is confident regarding recovery and has not considered any provision. Key financial ratios include: Source: BSEOther Financial Highlights
