GAIL India's Revenue for FY 2025-26 at Approximately ₹1.39 Trillion

en.Wedoany.com Reported - Indian natural gas company GAIL reported operating revenue of ₹138,697 crore for FY 2025-26, compared to ₹137,288 crore in the previous fiscal year; profit before tax stood at ₹8,964 crore, and profit after tax at ₹6,968 crore. At the 42nd Annual General Meeting, Chairman Deepak Gupta stated that the company will accelerate the expansion of its natural gas transmission, LNG, petrochemicals, LPG, and emerging clean energy businesses.

Gupta said the past fiscal year revealed the reality that energy security and energy transition are equally important. Geopolitical tensions in the Middle East and disruptions to LNG supply chains through the Strait of Hormuz highlighted the fragility of global energy markets; volatility in LNG prices, freight rates, and supply availability has made diversified sourcing, resilient infrastructure, and flexible supply chains more necessary. For India, this experience underscored the need for a pragmatic energy strategy that balances security, affordability, and sustainability, even as the country expands its use of renewable energy, biofuels, and emerging technologies.

On governance, the Comptroller and Auditor General of India issued an unqualified opinion on GAIL's financial statements for the 17th consecutive year. GAIL stated this is an affirmation of its financial reporting, internal controls, and governance standards. On pipeline operations, GAIL's network has exceeded 18,690 kilometers, with nearly 1,500 kilometers under construction; once fully completed, the total length is expected to approach 20,000 kilometers. During the fiscal year, the company transported approximately 122 MMSCMD (million metric standard cubic meters per day) of natural gas through its pipeline network and sold approximately 104 MMSCMD (including global sales).

On the LNG procurement portfolio, GAIL has expanded its scale to 16.56 MMTPA (million metric tons per annum), covering both long-term contracts and market-linked purchases. In FY 2025-26, the company imported 132 LNG cargoes, of which 7 were spot cargoes, to ensure supply to priority customers amid global market volatility. On shipping, GAIL has signed long-term charter agreements for GAIL Bhuwan (capacity 180,000 cubic meters) and Energy Fidelity (capacity 174,000 cubic meters), with a total of 9 LNG carriers currently available, of which 5 are on long-term charter.

The Dabhol LNG terminal achieved year-round operations following the completion of breakwater facilities, received its first LNG cargo during the monsoon season, and processed its 1,000th LNG cargo during the year. Given the strategic importance of Konkan LNG Limited, GAIL's Board has approved a scheme to amalgamate it with GAIL. On international operations, GAIL Global (USA) LNG LLC continues to support procurement and liquefaction arrangements for the US portfolio; GAIL Global (Singapore) Pte. Ltd. is strengthening LNG trading and international business; the company has also established GAIL Global IFSC Limited at GIFT City, with operations covering treasury management, international financial services, and vessel leasing opportunities.

On LPG infrastructure, GAIL plans to increase the capacity of the 1,427-kilometer Jamnagar-Loni LPG pipeline from 3.25 MMTPA to 6.5 MMTPA. The Petroleum and Natural Gas Regulatory Board has also authorized the company to develop three new LPG pipelines totaling approximately 1,775 kilometers, namely the Cherlapally-Nagpur pipeline, the Jhansi-Sitarganj pipeline, and the Shikrapur-Goa-Hubli pipeline.

In the petrochemicals segment, GAIL commissioned a 60 KTA (thousand tons per annum) polypropylene unit at Pata, increasing the complex's capacity from 810 KTA to 870 KTA; the 500 KTA PDH-PP (propane dehydrogenation to polypropylene) project at Usar is expected to involve an investment of approximately ₹11,256 crore, which GAIL describes as India's first propane dehydrogenation-based polypropylene complex. At Mangaluru, the 1.25 MMTPA PTA (purified terephthalic acid) plant of GAIL Mangalore Petrochemicals Limited is progressing. Gupta said these petrochemical investments are not just about adding capacity, but also about developing a more diversified downstream business and strengthening the growth of GAIL's petrochemical portfolio.

In the upstream segment, GAIL currently holds interests in 8 domestic E&P (exploration and production) blocks, 2 E&P blocks in Myanmar, and 1 US shale gas asset, with the segment's total turnover reaching a record ₹1,157 crore in FY 2025-26. City gas distribution remains a key demand driver. Through subsidiaries and joint ventures, GAIL group companies are authorized in 72 geographical areas, serving approximately 109 lakh (i.e., 10.9 million) PNG (piped natural gas) customers and operating over 3,400 CNG (compressed natural gas) stations.

Compressed biogas (CBG) is a new growth pillar for GAIL. As the nodal agency for the CBG-CGD synergy program, the company achieved record CBG sales during the fiscal year and has approved investments in 6 new CBG plants, targeting 26 plants by 2030. The company has also entered the large-scale fertilizer manufacturing space, with the Board granting in-principle approval for the construction of two natural gas-based fertilizer plants in Maharashtra and Chhattisgarh, with a total investment of approximately ₹21,000 crore, expected to support India's food security, create baseline demand for the pipeline network, and promote regional development. On critical minerals, GAIL has signed memoranda of understanding with Khanij Bidesh India Limited and Hindustan Copper Limited.

The company has committed to achieving net-zero Scope 1 and Scope 2 emissions by 2035 and continues to invest in renewable energy, green hydrogen, carbon management, energy efficiency, battery energy storage, and other low-carbon technologies. Its R&D portfolio encompasses more than 30 collaborative research projects, and a new R&D center at Sohna, Haryana, is under construction. On startup investments, GAIL has invested in 44 startups with a total fund allocation of ₹95.16 crore, of which ₹78.06 crore has been disbursed; the company has also jointly established the MC2 Foundation with other oil and gas public sector undertakings as an innovation and entrepreneurship platform under the aegis of the Ministry of Petroleum and Natural Gas.

On safety, GAIL stated that safety is non-negotiable, and the company is deploying technology-based monitoring, advanced asset management, and predictive maintenance applications to strengthen operational safety and asset integrity. In FY 2025-26, the company's CSR programs benefited more than 25 lakh (i.e., 2.5 million) people, and GAIL Arogya provided medical services to over 19 lakh (i.e., 1.9 million) beneficiaries. Looking ahead to the next phase, Gupta said the energy transition will not be linear, nor will it be determined by a single fuel or technology; natural gas remains critical to industrialization, urbanization, transportation, fertilizer, and petrochemical industries, and LNG, CGD, and CBG will play a greater role in supply diversity, clean consumption, and the circular economy. The company's strategic direction includes expanding the national gas grid, strengthening natural gas marketing, diversifying LNG procurement and shipping, scaling up petrochemical and LPG infrastructure, supporting CGD and CBG development, advancing fertilizer projects, and selectively exploring upstream resources and critical minerals.