GAIL registers profit of Rs 2,724 crore in Q1 FY-25

New Delhi: GAIL (India) Limited reported Revenue from Operations of Rs 33,692 crore in Q1 FY-25 as against Rs 32,227 crore in Q1 FY-24. Profit before Tax (PBT) in Q1 FY-25 stood at Rs 3,642 crore as against Rs 1,889 crore in Q1 FY-24. Profit after Tax (PAT) in Q1 FY-25 stood at Rs 2,724 crore as against Rs 1,412 crore in Q1 FY-24.

Quarter on Quarter basis, Revenue from Operations was higher at Rs 33,692 crore in Q1 FY-25 as against Rs 32,335 crore in Q4 FY-24. PBT registered a robust growth of 28% to Rs 3,642 crore in Q1 FY-25 as against Rs 2,842 crore during Q4 FY-24. PAT increased by 25% to Rs 2,724 crore in Q1 FY-25 as against Rs 2,177 crore in Q4 FY-24 mainly on account of increased Gas Transmission volumes, increased domestic Natural Gas Marketing volume and improved Natural Gas marketing margins.

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On Consolidated basis, Revenue from Operations stood at Rs 34,822 crore in Q1 FY-25 as against Rs 32,833 crore during Q4 FY-24. PBT in Q1 FY-25 stood at Rs 4,114 crore as against Rs 3,099 crore in Q4 FY-24. PAT (excluding Non-controlling interest) was Rs 3,183 crore in Q1 FY-25 as against Rs 2,469 crore in Q4 FY-24.

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Shri Sandeep Kumar Gupta, Chairman & Managing Director, GAIL said that, the Company has incurred a Capex of about Rs 1,659 crore during the current quarter, mainly on Pipelines, Petrochemicals, Equity to JVs, etc. which is about 21% of annual target of Rs 8,044 crore.

He further stated that GAIL has advanced its Net Zero carbon target for scope-1 and scope-2 emissions to 2035 from earlier 2040.

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