GAIL India Result: GAIL India Limited reported Revenue from Operations of Rs. 1,01,580 crores for the nine months ended 31st December, 2024 as compared to Rs. 98,304 crores in corresponding period of financial year 2023-24. Profit before Tax (PBT) for nine months ended 31st December, 2024 stood at Rs. 12,123 crores, up by 39% as compared to Rs. 8,713 crores for the corresponding period in previous year, mainly on account of exceptional income due to SMTS settlement and also due to increase in gas transmission volumes, increased realization in liquid hydrocarbons and better performance of petrochemicals. Profit after Tax (PAT) is up by 39% to Rs. 9,263 crores as compared to Rs. 6,660 crores in corresponding period of previous year.
Quarter on Quarter basis, Revenue from Operations increased by 6% to Rs. 34,958 crores in Q3 FY25 as compared to Rs. 32,931 crores in Q2 FY25. PBT registered an increase of 46% to Rs. 5,029 crores in Q3 FY25 as against Rs. 3,453 crores in previous quarter and PAT increased by 45% to Rs. 3,867 crores in Q3 FY25 as against Rs. 2,672 crores in previous quarter.
During the quarter, Average Natural Gas Transmission volume stood at 125.93 MMSCMD as against 130.63 MMSCMD in Q2 FY25. Gas marketing volume stood at 103.46 MMSCMD as against 96.60 MMSCMD in previous quarter. LHC sales stood at 282 TMT as against 253 TMT & Polymer sales stood at 221 TMT as against 226 TMT in comparison to previous quarter.
On Consolidated basis, Revenue from Operations stood at Rs. 1,05,740 crores for nine months ended 31st December, 2024 as against Rs. 1,00,666 crores in corresponding period of previous year. PBT for nine months ended 31st December, 2024 is up by 35% to Rs. 12,856 crores as against Rs. 9,496 crores for corresponding period of previous year. PAT (excluding Non-controlling interest) is up by 34% to Rs. 9,958 crores for nine months ended 31st December, 2024 as against Rs. 7,431 crores for corresponding period of previous year.
The Consolidated Revenue from Operations on quarterly basis was up by 9% to Rs. 36,937 crores in Q3 FY25 as against Rs. 33,981 crores in Q2 FY25, PBT registered a growth of 52% to Rs. 5,272 crores in Q3 FY25 as against Rs. 3,470 crores in previous quarter. PAT (excluding Non-controlling interest) increased by 52% to Rs. 4,082 crores in Q3 FY25 as against Rs. 2,694 crores in previous quarter.
Shri Sandeep Kumar Gupta, Chairman & Managing Director, GAIL informed that in Q3 FY25, GAIL has accounted for an exceptional income of US$ 285 million (Rs. 2,440 crores) from SEFE Marketing & Trading Singapore Pte. Ltd as settlement towards withdrawal of arbitration proceedings.
The Company has declared an interim dividend @ 65% for the financial year FY 2024-25 i.e. Rs 6.50 per share.
