New Delhi: GAIL (India) Limited reported revenue from operations of ₹1,01,580 crore for the nine months ended December 31, 2024, compared to ₹98,304 crore in the corresponding period of the previous financial year. Profit before tax (PBT) stood at ₹12,123 crore, registering a 39% increase from ₹8,713 crore in the previous year, driven by exceptional income from the SMTS settlement, increased gas transmission volumes, higher realization in liquid hydrocarbons, and better performance in petrochemicals. Profit after tax (PAT) rose 39% to ₹9,263 crore from ₹6,660 crore in the previous year.Revenue from operations on a quarterly basis increased 6% to ₹34,958 crore in Q3 FY25 from ₹32,931 crore in Q2 FY25. PBT registered a 46% increase to ₹5,029 crore from ₹3,453 crore in the previous quarter, while PAT rose 45% to ₹3,867 crore from ₹2,672 crore in Q2 FY25.
During the quarter, the average natural gas transmission volume stood at 125.93 MMSCMD compared to 130.63 MMSCMD in Q2 FY25. Gas marketing volume increased to 103.46 MMSCMD from 96.60 MMSCMD in the previous quarter. Liquid hydrocarbon (LHC) sales stood at 282 TMT as against 253 TMT in Q2 FY25, while polymer sales were at 221 TMT compared to 226 TMT in the previous quarter.
On a consolidated basis, revenue from operations stood at ₹1,05,740 crore for the nine months ended December 31, 2024, compared to ₹1,00,666 crore in the corresponding period of the previous year. Consolidated PBT increased 35% to ₹12,856 crore from ₹9,496 crore, while PAT (excluding non-controlling interest) rose 34% to ₹9,958 crore from ₹7,431 crore.
For Q3 FY25, consolidated revenue from operations rose 9% to ₹36,937 crore from ₹33,981 crore in Q2 FY25. PBT registered a 52% increase to ₹5,272 crore from ₹3,470 crore in the previous quarter, while PAT (excluding non-controlling interest) increased 52% to ₹4,082 crore from ₹2,694 crore in Q2 FY25.
GAIL Chairman & Managing Director Sandeep Kumar Gupta said that in Q3 FY25, the company accounted for an exceptional income of $285 million (₹2,440 crore) from SEFE Marketing & Trading Singapore Pte. Ltd as settlement towards the withdrawal of arbitration proceedings.
The company has declared an interim dividend of 65% for FY 2024-25, amounting to ₹6.50 per share.
