GAIL Q2 Results: Profit Zooms 139% YoY to Rs 4,720 Crore, Revenue Rises 33%; Board Approves GAIL Gas IPO

India's GAIL posts quarterly profit jump on growth in gas marketing ...

GAIL Gas IPO in FY28; parent to offload 25% stake

The proposed IPO will provide GAIL Gas with a stock market listing while allowing its parent to unlock value through a partial stake sale.

GAIL (India) to list city gas distribution arm; profit surges to ₹4,724 cr in Q2 FY27

GAIL (India) said its board of directors has approved the public listing of its city gas distribution (CGD) arm, GAIL Gas, with the State-run utility to dilute 25 per cent stake via an Initial Public Offering (IPO).

GAIL Q2 Results: Profit zooms 139% YoY to Rs 4,720 crore, revenue rises 33%; board approves GAIL Gas IPO

GAIL (India) has revealed a whopping 139.3% surge in its consolidated net profit for the FY27 September quarter, showcasing impressive operational revenue growth of 32.7% year-on-year. The board has sanctioned the IPO listing of its subsidiary GAIL Gas Ltd. on Indian stock exchanges, facilitating a 25% equity dilution. In a strategic move, GAIL will also transition six city gas distribution networks to its subsidiary by January 1, 2027.

GAIL Q2 Profit Climbs to Rs 4,650 Cr as Gas Volumes Rise

GAIL reported a standalone profit of Rs 4,650 Cr for the September quarter, up 8% from the June quarter, as sales and gas volumes both rose. GAIL (India) Limited released its September quarter results on 30 October. Sales from operations came in at Rs 45,924 crore, up from Rs 38,981...

GAIL Q2 Net Profit Soars 139% to Rs 4,720 Crore; Revenue Jumps 33%

Noida, Oct 30 (APAC Media): GAIL (India) Ltd reported a robust financial performance for the second quarter of FY27, with its consolidated net profit surging 139.3% year-on-year (YoY) to Rs 4,719.66 crore, compared with Rs 1,972.40 crore in the corresponding quarter of the previous financial year. The state-owned natural gas major’s consolidated revenue from operations […] The post GAIL Q2 Net Profit Soars 139% to Rs 4,720 Crore; Revenue Jumps 3…