GAIL Achieves Record Financial Milestones in FY25 Amid Global Challenges

GAIL (India) Limited has reported its highest-ever financial performance for the fiscal year 2024-25, despite facing global economic challenges. This record-breaking achievement was driven by substantial operational and financial growth across its primary business segments.

According to Sandeep Kumar Gupta, Chairman and Managing Director of GAIL, the robust performance in FY25 resulted from improved physical and financial outcomes across all key areas. The company's revenue from operations soared to Rs 1,37,288 crore, up from Rs 1,30,638 crore the previous year.

GAIL's earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to Rs 19,168 crore compared with Rs 15,583 crore in the prior year. The profit before tax (PBT) increased to Rs 14,825 crore, while the profit after tax (PAT) jumped to Rs 11,312 crore, marking significant year-over-year growth.

The board has recommended a final dividend of Rs 1 per equity share, on top of an interim dividend of Rs 6.50 per share, bringing the total dividend payout ratio for the year to 43.59 percent.

On a consolidated basis, the company reported revenues of Rs 1,42,291 crore, with an EBITDA of Rs 20,643 crore, PBT of Rs 16,096 crore, and PAT (excluding minority interest) of Rs 12,450 crore. However, the fourth quarter (Q4) experienced a sequential decline in profitability, with EBITDA falling to Rs 3,783 crore from Rs 6,027 crore in Q3, and PAT dropping to Rs 2,049 crore, despite a slight rise in revenue.

Operationally, natural gas transmission volumes increased by 6 percent year-on-year, reaching 127.32 million metric standard cubic meters per day (MMSCMD). Polymer production also rose, although liquid hydrocarbon production saw a decline. The board has also proposed a strategic initiative to transfer six geographical areas to its subsidiary, GAIL Gas Limited, to enhance its City Gas Distribution operations. GAIL reported a capital expenditure of Rs 10,512 crore for the fiscal year, underscoring its commitment to infrastructure development and sustained growth.

(With inputs from agencies.)