GAIL Posts More Than Twofold Jump in Q2 Profit, Driven by Strong Gas Marketing Business
Oct 30th, 2026 6:36 pm | By ThenewsmanofIndia.com | Category: TOP STORIES
By THE NEWSMAN OF INDIA.COM|State-owned GAIL (India) Limited has reported a more-than-twofold increase in quarterly net profit, supported by strong performance in its natural gas marketing business.
The company’s net profit after tax rose to ₹46.5 billion for the quarter ended September 30, compared with ₹22.17 billion in the corresponding quarter a year earlier.
GAIL’s revenue from operations increased more than 30% to ₹459.24 billion, while expenses climbed over 23%.
The gas marketing segment, the company’s largest revenue contributor through wholesale trading and natural gas distribution, recorded a more-than-31% rise in revenue to ₹412.26 billion. Revenue from the petrochemicals segment grew nearly 26%, while the natural gas transmission segment registered a 21% increase.
The company also granted in-principle approval for listing its subsidiary, GAIL Gas, through an initial public offering (IPO), potentially offering up to 25% stake, subject to final board approval.
The results reflect strong growth across GAIL’s key business segments during the quarter.
