GAIL (India) on May 13 reported standalone net profit of Rs 2,049 crore in the March quarter, a 5.87 percent decline from the year-ago period. The gas distributor had reported a net profit of Rs 2,177 crore last year.
Revenue from operations came in at Rs 35,707 crore, up from Rs 32,334 crore in the last year.
The board of directors has recommended a final dividend of Re 1 per share for the year, subject to shareholder approval at the upcoming Annual General Meeting (AGM). GAIL said the final dividend was in addition to the interim dividend on 6.50 per equity share paid during the year by the company.
In Q4, natural gas transmission volume stood at 120.83 MMSCMD (million metric standard cubic meter per day), lower than 125.93 MMSCMD in the third quarter. Gas marketing volume came in at 106.53 MMSCMD in Q4, as against 103.46 MMSCMD in the previous quarter.
In Q4, GAIL gas transmission EBIT was 29 percent higher from last year at Rs 1,268 crore. The company’s gas marketing EBIT was Rs 1,204 crore in Q4, compared to Rs 1,389 crore last year.
GAIL's chairman and managing director Sandeep Kumar Gupta said that the company incurred a capital expenditure of Rs 10,512 crore in the fiscal 2024-25. GAIL has similar capex plans for FY26 with a spending of Rs 3,000 to Rs 4,000 crore on petrochemicals segment, around Rs 3,000 crore on the pipelines segment and rest for other verticals including compressed biogas (CBG) and liquefied natural gas (LNG).
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