GAIL (India) quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	47,301	35,657	+32.7%
EBITDA	6,992	3,460	+102.0%
EBITDA margin	14.8%	9.7%	+5.1 pts
Profit before tax	5,829	2,286	+154.9%
Net profit	4,724	1,989	+137.5%
EPS	₹7.18	₹3.00	+139.3%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	47,301	41,350	35,705	35,303	35,657	35,429	36,551	36,937	33,981	34,822	32,833	34,768	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	173	132	791	338	237	144	392	378	277	221	237	414
	47,474	41,483	36,497	35,641	35,894	35,573	36,944	37,315	34,258	35,042	33,070	35,182
	2,921	1,406	1,974	2,153	2,152	1,754	1,902	1,986	1,955	1,430	2,687	1,516
	34,788	31,408	27,833	26,772	26,861	26,521	29,126	29,380	24,519	25,733	24,115	25,386
	−764	−1,356	197	471	−52.9	751	−884	−625	810	407	−931	860
	562	553	471	448	625	534	551	571	557	558	652	519
	323	319	263	254	234	213	182	169	188	209	159	176
	1,013	987	474	1,192	1,177	993	786	939	922	1,152	1,241	872
	2,802	2,241	3,777	2,532	2,612	2,200	2,322	2,456	2,203	1,904	2,461	2,279
	41,645	35,558	34,989	33,821	33,608	32,966	33,983	34,876	31,154	31,393	30,385	31,608
	6,992	7,098	1,453	2,927	3,460	3,669	3,535	3,169	3,937	4,790	3,849	4,208
	5,979	6,111	980	1,735	2,283	2,676	2,750	2,230	3,015	3,638	2,608	3,336
Profit
	5,829	5,925	1,508	1,819	2,286	2,607	2,960	2,439	3,104	3,650	2,685	3,574
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2,440	0.0	0.0	0.0	0.0
	5,829	5,925	1,508	1,819	2,286	2,607	2,960	4,879	3,104	3,650	2,685	3,574
	1,075	1,334	166	168	289	653	589	1,113	788	973	704	820
	302	263	319	267	288	−6.0	145	74.8	−8.1	−42.2	−79.1	61.0
	1,377	1,597	485	436	577	647	734	1,188	780	930	625	881
	272	343	458	345	279	422	280	393	366	464	414	501
	4,724	4,671	1,481	1,729	1,989	2,382	2,506	4,084	2,690	3,183	2,474	3,193
	4,452	4,328	1,023	1,384	1,710	1,961	2,226	3,691	2,324	2,719	2,060	2,692
	−1,253	−327	1,387	−168	−169	−316	238	−1,630	636	245	1,672	141
	3,471	4,344	2,868	1,561	1,819	2,066	2,743	2,454	3,326	3,429	4,146	3,335
	4,720	4,665	1,485	1,756	1,972	2,369	2,492	4,082	2,694	3,183	2,469	3,195
	4.1	5.6	−3.3	−27.0	16.3	13.0	13.9	2.7	−3.9	0.4	5.6	−1.3
Per share
	₹7.18	₹7.10	₹2.26	₹2.67	₹3.00	₹3.60	₹3.79	₹6.21	₹4.10	₹4.84	₹3.75	₹4.86
	₹7.18	₹7.10	₹2.26	₹2.67	₹3.00	₹3.60	₹3.79	₹6.21	₹4.10	₹4.84	₹3.75	₹4.86
Other comprehensive income — detail
	−1,253	−327	1,387	−168	−169	−316	238	—	—	—	—	—
	−247	−1,501	1,538	60.8	−138	−160	285	−1,747	744	183	2,057	313
	−40.0	−219	234	3.7	−21.1	−9.3	45.4	—	—	—	—	—
	—	—	—	—	—	—	—	−262	111	91.3	241	3.3
	−1,183	1,139	−30.1	−264	−68.4	−217	−35.9	−199	3.3	206	−194	−241
	−137	184	−114	−39.1	−16.1	−52.0	−34.3	—	—	—	—	—
	—	—	—	—	—	—	—	−54.0	0.6	52.3	−50.5	−72.7
	3,466	4,339	2,872	1,588	1,803	2,053	2,730	2,452	3,330	3,428	4,140	3,336
	4.1	5.6	−3.2	−27.0	16.3	13.0	13.8	2.7	−3.9	0.4	5.7	−1.3
Per share — as-filed variants
	₹7.18	₹7.10	₹2.26	₹2.67	₹3.00	₹3.60	₹3.79	₹6.21	₹4.10	₹4.84	₹3.75	₹4.86
	₹7.18	₹7.10	₹2.26	₹2.67	₹3.00	₹3.60	₹3.79	₹6.21	₹4.10	₹4.84	₹3.75	₹4.86
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	10,356	9,893	5,701	5,907	6,697	6,403	6,408	6,196	6,697	7,252	6,962	7,006
	21.9%	23.9%	16.0%	16.7%	18.8%	18.1%	17.5%	16.8%	19.7%	20.8%	21.2%	20.2%
Adjusted (ex-exceptional items) — derived
	5,829	5,925	1,508	1,819	2,286	2,607	2,960	2,439	3,104	3,650	2,685	3,574
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2,440	0.0	0.0	0.0	0.0
	4,724	4,671	1,481	1,729	1,989	2,382	2,506	2,238	2,690	3,183	2,474	3,193
	₹7.18	₹7.10	₹2.26	₹2.67	₹3.00	₹3.60	₹3.79	₹3.40	₹4.10	₹4.84	₹3.75	₹4.86

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

GAIL₹165.17

GAIL (India) Ltd.

· Energy & Power

Annual Quarterly₹ CrorePeersPETRONET IGL IOC BPCL COALINDIA ONGC RELIANCE HINDPETROMcap ₹1.09L Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	34,767.8	32,833.2	34,821.9	33,981.3	36,937.1	36,551.2	35,428.8	35,657.2	35,302.8	35,705.5	41,350.2	47,301.0
Other Income	413.9	236.5	220.6	276.7	378.1	392.4	144.1	236.5	338.1	791.4	132.5	172.9
Total Income	35,181.8	33,069.8	35,042.4	34,258.0	37,315.1	36,943.5	35,572.9	35,893.8	35,640.8	36,496.9	41,482.7	47,473.9
Expenses
+ Cost of Materials Consumed	1,515.6	2,687.0	1,430.0	1,955.4	1,986.2	1,901.8	1,754.0	2,151.9	2,152.7	1,974.1	1,405.8	2,921.0
+ Purchases of Stock-in-Trade	25,386.4	24,115.1	25,732.7	24,518.7	29,380.1	29,125.7	26,520.6	26,861.2	26,772.1	27,833.3	31,408.1	34,787.9
+ Changes in Inventories	859.6	-930.6	406.9	810.2	-625.3	-884.1	751.0	-52.9	470.5	196.8	-1,356.2	-764.1
+ Employee Benefit Expense	518.9	652.4	558.1	556.9	570.7	550.8	534.0	625.2	448.4	471.4	553.4	562.3
+ Finance Costs	176.2	159.5	208.8	188.2	169.3	181.8	212.9	233.7	253.8	263.1	319.0	323.1
+ Depreciation & Amortisation	872.3	1,240.8	1,152.2	922.0	939.4	785.7	992.7	1,176.9	1,191.9	473.6	986.5	1,012.7
+ Other Expenses	2,279.0	2,460.7	1,904.2	2,203.0	2,456.1	2,321.6	2,200.5	2,611.5	2,532.1	3,776.5	2,241.3	2,802.4
Total Expenses	31,608.0	30,384.8	31,392.8	31,154.3	34,876.5	33,983.3	32,965.7	33,607.5	33,821.5	34,988.7	35,557.8	41,645.3
EBITDA	4,208.3	3,848.6	4,790.0	3,937.2	3,169.2	3,535.4	3,668.7	3,460.3	2,927.0	1,453.4	7,097.9	6,991.6
EBIT	3,336.1	2,607.9	3,637.8	3,015.2	2,229.9	2,749.7	2,676.0	2,283.5	1,735.1	979.8	6,111.3	5,978.9
Profit
PBT before Exceptional Items	3,573.8	2,684.9	3,649.6	3,103.7	2,438.7	2,960.3	2,607.2	2,286.3	1,819.4	1,508.2	5,924.8	5,828.6
+ Exceptional Items	0.0	0.0	0.0	0.0	2,440.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Pretax Income	3,573.8	2,684.9	3,649.6	3,103.7	4,878.7	2,960.3	2,607.2	2,286.3	1,819.4	1,508.2	5,924.8	5,828.6
+ Current Tax	820.5	704.0	972.7	788.1	1,113.0	589.1	652.6	289.1	168.4	165.9	1,333.5	1,074.7
+ Deferred Tax	61.0	-79.1	-42.2	-8.1	74.8	145.3	-6.0	287.6	267.1	319.0	263.0	301.8
Tax Expense	881.4	625.0	930.5	780.0	1,187.8	734.4	646.6	576.7	435.5	484.9	1,596.6	1,376.5
+ Share of Associates & JVs	501.0	414.4	464.2	365.9	393.4	279.8	421.6	279.1	345.3	458.2	342.7	271.7
Net Income	3,193.3	2,474.3	3,183.4	2,689.7	4,084.2	2,505.6	2,382.2	1,988.7	1,729.1	1,481.5	4,671.0	4,723.8
+ Net Income — Continuing Ops	2,692.4	2,060.0	2,719.2	2,323.7	3,690.9	2,225.9	1,960.6	1,709.6	1,383.8	1,023.3	4,328.3	4,452.1
+ Other Comprehensive Income	141.4	1,671.8	245.4	636.1	-1,630.0	237.9	-316.5	-169.4	-167.8	1,386.9	-326.8	-1,253.3
Total Comprehensive Income	3,334.8	4,146.1	3,428.8	3,325.8	2,454.2	2,743.5	2,065.8	1,819.3	1,561.4	2,868.4	4,344.2	3,470.5
Net Income to Common	3,194.6	2,468.7	3,182.9	2,693.6	4,081.6	2,491.8	2,369.2	1,972.4	1,756.2	1,484.7	4,665.4	4,719.7
Minority Interest	-1.3	5.6	0.4	-3.9	2.7	13.9	13.0	16.3	-27.0	-3.3	5.6	4.1
Per Share
Basic EPS	4.86	3.75	4.84	4.10	6.21	3.79	3.60	3.00	2.67	2.26	7.10	7.18
Diluted EPS	4.86	3.75	4.84	4.10	6.21	3.79	3.60	3.00	2.67	2.26	7.10	7.18
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	237.9	-316.5	-169.4	-167.8	1,386.9	-326.8	-1,253.3
+ Items NOT to be Reclassified to P&L	312.8	2,057.2	183.4	744.4	-1,747.1	284.9	-160.4	-138.2	60.8	1,537.5	-1,501.2	-247.1
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	45.4	-9.3	-21.1	3.7	234.5	-219.1	-40.0
+ Tax on Items NOT to be Reclassified — alt tag	3.3	241.4	91.3	111.0	-262.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-240.9	-194.5	205.6	3.3	-198.9	-35.9	-217.3	-68.4	-264.0	-30.1	1,139.5	-1,183.3
+ Tax on Items to be Reclassified	—	—	—	—	—	-34.3	-52.0	-16.1	-39.1	-114.0	184.1	-137.1
+ Tax on Items to be Reclassified — alt tag	-72.7	-50.5	52.3	0.6	-54.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	3,336.0	4,140.5	3,428.3	3,329.7	2,451.6	2,729.6	2,052.7	1,803.0	1,588.4	2,871.6	4,338.6	3,466.4
Comprehensive Income — Non-controlling Interests	-1.3	5.7	0.4	-3.9	2.7	13.8	13.0	16.3	-27.0	-3.2	5.6	4.1
Per Share — as-filed variants
Basic EPS — Continuing Operations	4.86	3.75	4.84	4.10	6.21	3.79	3.60	3.00	2.67	2.26	7.10	7.18
Diluted EPS — Continuing Operations	4.86	3.75	4.84	4.10	6.21	3.79	3.60	3.00	2.67	2.26	7.10	7.18
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	7,006.2	6,961.7	7,252.3	6,697.1	6,196.1	6,407.8	6,403.2	6,697.0	5,907.4	5,701.3	9,892.5	10,356.3
Gross Margin %	20.15	21.20	20.83	19.71	16.77	17.53	18.07	18.78	16.73	15.97	23.92	21.89
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	3,573.8	2,684.9	3,649.6	3,103.7	2,438.7	2,960.3	2,607.2	2,286.3	1,819.4	1,508.2	5,924.8	5,828.6
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	2,440.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income Adj (tax-effected)	3,193.3	2,474.3	3,183.4	2,689.7	2,238.3	2,505.6	2,382.2	1,988.7	1,729.1	1,481.5	4,671.0	4,723.8
EPS Adj	4.86	3.75	4.84	4.10	3.40	3.79	3.60	3.00	2.67	2.26	7.10	7.18
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1	6,575.1

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

GAIL Q2 FY27 results (July–September 2026)

Filed with NSE on Friday, 30 October 2026 at 2:35 pm IST

GAIL (NSE: GAIL) reported its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026 at 2:35 pm IST. Consolidated net profit attributable to shareholders was ₹4,720 crore, up 139.3% from ₹1,972 crore in Q2 FY26 and up 1.2% from ₹4,665 crore in Q1 FY27. Revenue from operations was ₹47,301 crore, up 32.7% year on year and up 14.4% from the previous quarter.

Q2 FY26 results (a year earlier): 31 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹4,720 Cr+139.3% vs Q2 FY26+1.2% vs Q1 FY27Total incl. minority interest ₹4,724 Cr
Revenue from operations: ₹47,301 Cr+32.7% vs Q2 FY26+14.4% vs Q1 FY27
Operating margin (EBIT): 12.6%+6.2 pts vs Q2 FY26−2.1 pts vs Q1 FY27EBIT ₹5,979 Cr
EBITDA: ₹6,992 Cr+102.0% vs Q2 FY26−1.5% vs Q1 FY27margin 14.8%
Earnings per share (basic): ₹7.18+139.3% vs Q2 FY26+1.1% vs Q1 FY27
Net profit margin: 10.0%+4.4 pts vs Q2 FY26−1.3 pts vs Q1 FY27

Questions

What was GAIL's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹4,720 crore, up 139.3% from ₹1,972 crore in Q2 FY26 and up 1.2% from ₹4,665 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹4,724 crore.

How were GAIL's Q2 FY27 results?

Both grew from a year earlier: net profit was up 139.3% at ₹4,720 crore and revenue was up 32.7% at ₹47,301 crore. The operating margin was 12.6%, up 6.2 percentage points from 6.4% a year earlier. Against Q1 FY27, net profit was up 1.2% and revenue up 14.4%.

What was GAIL's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹5,979 crore, a margin of 12.6%, against 14.8% in Q1 FY27 and 6.4% in Q2 FY26. EBITDA was ₹6,992 crore, 14.8% of revenue.

What was GAIL's revenue in Q2 FY27?

Revenue from operations was ₹47,301 crore, up 32.7% year on year and up 14.4% from the previous quarter.

What was GAIL's EPS in Q2 FY27?

Basic earnings per share were ₹7.18, against ₹3.00 in Q2 FY26.

When did GAIL announce its Q2 FY27 results?

On Friday, 30 October 2026 at 2:35 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 31 October 2025.

What was GAIL's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹9,385 crore, up 116.2% from ₹4,342 crore in the same months a year earlier. Revenue from operations was ₹88,651 crore, up 24.7%.

What was GAIL's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹7,582 crore in FY26 (April 2025–March 2026), down 39.1% from ₹12,450 crore in FY25. It was ₹9,899 crore in FY24 and ₹5,616 crore in FY23: up 35.0% over three years, 10.5% a year on average.

When will GAIL announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

What is GAIL's net profit margin?

GAIL's net profit margin was 10.0% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 5.5% in Q2 FY26 (up 4.4 percentage points). For FY26 as a whole it was 5.3%.

How has GAIL's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹1,756 crore in Q3 FY26, ₹1,485 crore in Q4 FY26, ₹4,665 crore in Q1 FY27 and ₹4,720 crore in Q2 FY27. That is ₹12,626 crore over the four quarters, up 15.7% from ₹10,915 crore in the four quarters before. Revenue from operations: ₹35,303 crore, ₹35,705 crore, ₹41,350 crore and ₹47,301 crore.

What was GAIL's revenue in FY26?

Revenue from operations was ₹1,42,094 crore in FY26 (April 2025–March 2026), down 0.1% from ₹1,42,291 crore in FY25. It was ₹1,33,500 crore in FY24 and ₹1,45,875 crore in FY23: down 2.6% over three years, an average fall of 0.9% a year.

Where do these GAIL figures come from?

From GAIL's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 30 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.