• GAIL's H1 FY25 revenue rose to Rs 66,622 crore, up from Rs 64,050 crore in FY24.
• The company's Profit Before Tax (PBT) and Profit After Tax (PAT) also saw significant increases.
• GAIL's petrochemical segment turned profitable in Q2 FY25, with a PBT of Rs 157 crore.
• The company's strong financial performance is attributed to its financial resilience, strategic market navigation, and consistent value delivery to shareholders.

GAIL (India) Ltd, the government-owned gas giant, has reported a significant increase in its revenue from operations for the first half of the current financial year (H1 FY25).

The company's revenue has risen to Rs 66,622 crore, marking a substantial increase from Rs 64,050 crore during the same period in the previous financial year (FY24). This surge in revenue is a testament to the company's robust operational performance and strategic market navigation.

The company's Profit Before Tax (PBT) for H1 FY25 has also seen a significant rise, standing at Rs 7,095 crore compared to Rs 5,019 crore for the corresponding period in the previous year. This increase in PBT is indicative of the company's strong financial performance and its ability to maximize its profitability amidst challenging market conditions.

Furthermore, GAIL's Profit After Tax (PAT) for H1 FY25 has also seen a substantial increase, standing at Rs 5,396 crore compared to Rs 3,817 crore in the corresponding period of the previous year. This increase in PAT further underscores the company's financial resilience and its ability to deliver consistent value to its shareholders.

GAIL's Record-Breaking Financial Performance

In a statement, the company said, GAIL has witnessed its highest ever half-yearly EBITDA, PBT & PAT in H1 FY2025. This statement highlights the company's record-breaking financial performance during the first half of the current financial year.

On a quarter-on-quarter basis, the company's revenue from operations stood at Rs 32,931 crore in Q2 FY-25 as against Rs 33,692 crore in Q1 FY-25. While there has been a slight decrease in the quarter-on-quarter revenue, the company's PBT and PAT for Q2 FY-25 have remained strong, standing at Rs 3,453 crore and Rs 2,672 crore respectively.

In terms of the company's physical performance, the natural gas transmission volume stood at 130.63 MMSCMD in Q2 FY-25, and the gas marketing volume was 96.60 MMSCMD in Q2 FY'25. The LHC & Polymer sales stood at 253 TMT & 226 TMT, respectively, in Q2 FY-25 as compared to 218 TMT & 169 TMT, respectively, in Q1 FY-25. These figures reflect the company's robust operational performance during the second quarter of the current financial year.

GAIL's Petrochemical Segment Turns Profitable

In Q2 FY'25, the petrochemical segment of the company clocked a PBT of Rs 157 crore as against a loss of Rs 42 crore in Q1 FY'25. This turnaround in the petrochemical segment's profitability is noteworthy, as it indicates the company's successful efforts in enhancing the profitability of this segment.

GAIL CMD Sandeep Kumar Gupta said that the petrochemical segment was expected to be reasonably profitable in FY 2024-25. This statement reflects the company's optimism about the future profitability of its petrochemical segment.

On a consolidated basis, the company's revenue from operations stood at Rs 68,803 crore in H1 FY25 as against Rs 65,898 crore during H1 FY24. The company's PBT in H1 FY25 stood at Rs 7,583 crore as against Rs 5,421 crore in H1 FY24. The PAT (excluding non-controlling interest) was Rs 5,876 crore in H1 FY25 as against Rs 4,236 crore in H1 FY24. These figures further underscore the company's strong financial performance during the first half of the current financial year.

During the current quarter, GAIL has incurred a capex of Rs 1,885 crore, mainly on pipelines and petrochemicals, taking the cumulative investment up to H1 FY25 to Rs 3,544 crore. This investment reflects the company's commitment to enhancing its operational capabilities and its strategic focus on the pipelines and petrochemicals segments.