GAIL Q4 net profit declines 21% QoQ; gas transmission business remains strong
Jagruti Jain
GAIL (India) Ltd reported a mixed set of earnings for the fourth quarter of FY26, with revenue remaining largely stable while profitability and operating margins weakened significantly on a sequential basis. The company also announced a final dividend recommendation for shareholders.
The company reported consolidated revenue from operations of ₹35,705.49 crore in Q4FY26, compared to ₹36,549.35 crore in the corresponding quarter last year, while revenue stood at ₹35,302.76 crore in Q3FY26.
EBITDA for the quarter came in at ₹1,152 crore, declining 56.6% quarter-on-quarter. EBITDA margin stood at 3.3%, down 450 basis points sequentially.
Net profit for the quarter stood at ₹1,262 crore, registering a decline of 21.2% compared to the previous quarter.
On the operational front, GAIL’s natural gas transmission segment remained the strongest contributor to profitability. Segment EBIT for natural gas transmission rose to ₹1,881.58 crore in Q4FY26 from ₹1,268.38 crore in the year-ago quarter. LPG transmission EBIT declined to ₹76.13 crore from ₹115.21 crore YoY.
The natural gas marketing business reported a segment loss of ₹51.97 crore during the quarter against a profit of ₹1,506.72 crore in the corresponding quarter last year. Petrochemicals segment losses widened to ₹347.45 crore compared to a loss of ₹134.10 crore YoY.
Meanwhile, the LPG and liquid hydrocarbons segment reported EBIT of ₹143.89 crore versus ₹291.97 crore in the year-ago period, while the city gas segment saw EBIT decline to ₹184.52 crore from ₹201.63 crore YoY.
Total profit before tax stood at ₹1,966.37 crore for the quarter, compared to ₹3,240 crore reported in the corresponding quarter last year.
The board of directors recommended a final dividend of 5%, equivalent to Re 0.50 per equity share, on the paid-up equity share capital of the company, subject to shareholder approval at the upcoming Annual General Meeting. The company said the record date for the dividend will be announced separately.
Disclaimer: This article is based on company-reported financial figures and exchange disclosures. Investors are advised to consult certified financial advisors before making investment decisions.