Gujarat Energy Limited (GEL) has reported robust financial performance for the first quarter of Fiscal Year 2027 (Q1 FY27). The company announced a significant 63% year-over-year increase in revenue to ₹9,670 crore. EBITDA also saw a substantial rise of 65% to ₹1,482 crore, with Profit After Tax growing by 78% to ₹998 crore. The presentation also highlights operational achievements and business segment updates.
Gujarat Energy Limited Announces Strong Q1 FY27 Results
Gujarat Energy Limited (GEL) has released its investor presentation for Q1 FY27, showcasing a period of significant financial growth and operational expansion. The company’s performance reflects a strong start to the fiscal year, with key financial metrics indicating substantial year-over-year improvements.
Key Financial Highlights for Q1 FY27
GEL reported a consolidated revenue from operations of ₹9,670 crore for Q1 FY27, marking an impressive increase of 63% compared to the same quarter in the previous year. The company’s EBITDA also demonstrated robust growth, rising by 65% to ₹1,482 crore. Further underscoring its profitability, Profit After Tax (PAT) surged by 78% to ₹998 crore in Q1 FY27.
Operational and Strategic Updates
The presentation also detailed several operational achievements, including the highest ever CNG volume of 3.76 mmscmd in Q1 FY27, a 13% increase year-over-year. GEL’s total volume reached 15.66 MMSCMD for Q1 FY27, an 18% increase YoY. The company added 6 new CNG stations during the quarter, bringing the total to 844. Additionally, GEL sourced 10 LNG cargoes in Q1 FY26, up from 6 in Q1 FY26. The company also reported commissioning approximately 91,000 D-PNG connections and 1,000 C-PNG connections.
Business Segment Overview
Gujarat Energy Limited operates across four key business segments: City Gas Distribution (CGD), Gas Trading, Exploration & Production (E&P), and Renewable Business. The presentation provides detailed insights into each segment, including their respective contributions to the company’s overall performance and strategic initiatives.
Company Transformation
The investor presentation also noted the successful completion of the Scheme of Arrangement, leading to the renaming of Gujarat Gas Limited to Gujarat Energy Limited. This rebranding reflects the company’s expanded presence across the energy value chain, encompassing Exploration & Production, Gas Trading, City Gas Distribution, and Renewable Energy.
Source: BSE
