GAIL (India) Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The Board has also approved an interim dividend of ₹6.50 per equity share (65%), payable on February 7, 2025.
Key Financial Highlights (Standalone)
Quarterly Performance (Q3 FY 2024-25)
Metric
Q3 FY25
Q2 FY25
Q3 FY24
YoY Change
Revenue from Operations
₹34,957.76 Cr
₹32,930.72 Cr
₹34,253.52 Cr
+2.06%
Total Income
₹35,707.47 Cr
₹33,644.21 Cr
₹35,065.60 Cr
+1.83%
Net Profit (PAT)
₹3,867.38 Cr
₹2,671.93 Cr
₹2,842.62 Cr
+36.06%
Earnings per Share (EPS)
₹5.88
₹4.06
₹4.32
+36.11%
Operating Margin
5.75%
8.93%
8.90%
-3.15pp
Net Profit Margin
11.08%
8.15%
8.32%
+2.76pp
Exceptional Income: ₹2,440.03 Cr from a settlement agreement with an LNG supplier.
Total Expenses: ₹33,118.75 Cr, reflecting a cost increase due to higher material purchases.
Nine-Month Performance (9M FY 2024-25)
Metric
9M FY25
9M FY24
YoY Change
Revenue from Operations
₹1,01,580.11 Cr
₹98,303.61 Cr
+3.34%
Net Profit (PAT)
₹9,263.29 Cr
₹6,659.51 Cr
+39.1%
EPS
₹14.09
₹10.13
+39.12%
Segment-Wise Performance (Standalone)
Segment
Q3 FY25 Revenue (₹ Cr)
YoY Growth
Natural Gas Transmission
₹2,754.73 Cr
+7.20%
LPG Transmission
₹245.91 Cr
+33.75%
Natural Gas Marketing
₹30,625.16 Cr
+1.58%
Petrochemicals
₹2,070.47 Cr
+0.99%
LPG & Liquid Hydrocarbons
₹1,561.32 Cr
+20.41%
Natural Gas Transmission: Continued volume growth led by rising demand.
GAIL’s consolidated net profit stood at ₹4,084.24 Cr in Q3 FY25, a 27.92% increase YoY. Revenue from operations totaled ₹36,937.05 Cr, marking a 6.24% YoY increase.
Dividend Declaration
The Board has declared an interim dividend of ₹6.50 per share, amounting to ₹4,273.81 Cr, to be paid on February 7, 2025.
Regulatory & Legal Updates
PNGRB Tariff Orders: GAIL has contested six final and two provisional natural gas transmission tariff orders at the Appellate Tribunal for Electricity (APTEL).
Excise Duty Dispute: A ₹3,610 Cr excise demand (including penalty & interest) for Naphtha classificationis under appeal before the Supreme Court, with a stay granted.
Strategic & Market Outlook
Expansion in LNG trading with strengthened import agreements.
City Gas Distribution (CGD) and pipeline network growth to drive future revenue.
GAIL (India) Limited reported strong growth in Q3 FY 2024-25, driven by higher gas transmission volumes and exceptional income. The interim dividend declaration and continued legal clarity on regulatory matters position the company for stable growth in the upcoming quarters.