Integrated Filing — IndAS



General information about company

Scrip Code 532155
NSE Symbol GAIL
MSEI Symbol NOTLISTED
ISIN INE129A01019
Name of company GAIL (INDIA) LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 21-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 21-05-2026   14:30:00
End date and time of board meeting 21-05-2026   17:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 35,70,549.00 1,42,09,430.00
Other income 79,142.00 1,51,014.00
Total income 36,49,691.00 1,43,60,444.00
2 Expenses
(a) Cost of materials consumed 1,97,413.00 8,04,379.00
(b) Purchases of stock-in-trade 27,83,329.00 1,07,98,655.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 19,679.00 1,36,545.00
(d) Employee benefit expense 47,139.00 2,07,888.00
(e) Finance costs 26,307.00 96,418.00
(f) Depreciation, depletion and amortisation expense 47,356.00 3,83,509.00
(f) Other Expenses
1 Excise Duty 12,894.00 49,658.00
2 Other Expenses 3,64,756.00 10,61,291.00
Total other expenses 3,77,650.00 11,10,949.00
Total expenses 34,98,873.00 1,35,38,343.00
3 Total profit before exceptional items and tax 1,50,818.00 8,22,101.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,50,818.00 8,22,101.00
6 Tax expense
7 Current tax 16,592.00 1,27,593.00
8 Deferred tax 31,899.00 86,777.00
9 Total tax expenses 48,491.00 2,14,370.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,02,327.00 6,07,731.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 45,819.00 1,50,421.00
16 Total profit (loss) for period 1,48,146.00 7,58,152.00
17 Other comprehensive income net of taxes 1,38,693.00 73,327.00
18 Total Comprehensive Income for the period 2,86,839.00 8,31,479.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,48,472.00 7,58,247.00
Total profit or loss, attributable to non-controlling interests (326.00) (95.00)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2,87,159.00 8,31,566.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests (320.00) (87.00)
21 Details of equity share capital
Paid-up equity share capital 6,57,510.00 6,57,510.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 70,29,153.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.26 11.53
Diluted earnings (loss) per share from continuing operations 2.26 11.53
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.26 11.53
Diluted earnings (loss) per share from continuing and discontinued operations 2.26 11.53
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 59,42,426.00
Capital work-in-progress 24,07,220.00
Investment property 0.00
Goodwill 3,46,544.00
Other intangible assets 5,77,743.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 16,87,305.00
Trade receivables, non-current 0.00
Loans, non-current 34,111.00
Other non-current financial assets
1 Other Investments 9,36,017.00
2 Others Financial Assets 34,777.00
Total of other non-current financial assets 9,70,794.00
Total non-current financial assets 26,92,210.00
Deferred tax assets (net)
Other non-current assets
1 Non Current Tax Assets (Net) 42,220.00
2 Other Non Current Assets 69,125.00
Total of other non-current assets 1,11,345.00
Total non-current assets 1,20,77,488.00
2 Current assets
Inventories 5,15,493.00
Current financial asset
Current investments 0.00
Trade receivables, current 8,60,511.00
Cash and cash equivalents 95,923.00
Bank balance other than cash and cash equivalents 1,16,743.00
Loans, current 7,496.00
Other current financial assets
Total of other current financial assets 1,18,225.00
Total current financial assets 11,98,898.00
Current tax assets (net) 798.00
Other current assets
1 Other Current Assets 2,60,982.00
Total of other current assets 2,60,982.00
Total current assets 19,76,171.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,40,53,659.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,57,510.00
Other equity 82,47,450.00
Total equity attributable to owners of parent 89,04,960.00
Non controlling interest 24,206.00
Total equity 89,29,166.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 13,62,847.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease liabilities 3,90,264.00
2 Other Financial Liabilities 26,107.00
Total of other non-current financial liabilities 4,16,371.00
Total non-current financial liabilities 17,79,218.00
Provisions, non-current 1,921.00
Deferred tax liabilities (net) 5,11,261.00
Deferred government grants, Non-current
Other non-current liabilities
1 Contract Liabilities 72,567.00
2 Other Non Current Liabilities 4,31,385.00
Total of other non-current liabilities 5,03,952.00
Total non-current liabilities 27,96,352.00
Current liabilities
Current financial liabilities
Borrowings, current 6,33,574.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 27,067.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5,83,351.00
Total Trade payable 6,10,418.00
Other current financial liabilities
1 Lease Liabilities 96,464.00
2 Other Financial Liabilities 7,15,689.00
Total of other current financial liabilities 8,12,153.00
Total current financial liabilities 20,56,145.00
Other current liabilities 1,79,365.00
1 Contract Liabilities 69,710.00
2 Other Current Liabilities 1,09,655.00
Total of other current liabilities 1,79,365.00
Provisions, current 92,347.00
Current tax liabilities (Net) 284.00
Deferred government grants, Current 0.00
Total current liabilities 23,28,141.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 51,24,493.00
Total equity and liabilites 1,40,53,659.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Natural Gas Transmission/Marketing 41,45,603.00 1,55,91,852.00
2 LPG Transmission 22,429.00 91,618.00
3 Petrochemicals 1,87,076.00 7,57,442.00
4 LPG and Liquid Hydrocarbons 1,06,429.00 4,29,333.00
5 City Gas 1,96,681.00 7,40,137.00
6 Other Segment 32,451.00 1,23,821.00
7 Unallocated 0.00019 0.00054
Total Segment Revenue 46,90,688.00 1,77,34,257.00
Less: Inter segment revenue 11,20,139.00 35,24,827.00
Revenue from operations 35,70,549.00 1,42,09,430.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Natural Gas Transmission/Marketing 1,82,961.00 9,40,427.00
2 LPG Transmission 7,613.00 45,554.00
3 Petrochemicals (34,745.00) (1,41,027.00)
4 LPG and Liquid Hydrocarbons 14,389.00 48,932.00
5 City Gas 18,452.00 69,868.00
6 Other Segment 6,508.00 45,349.00
7 Unallocated 0.00 0.00
Total Profit before tax 1,95,178.00 10,09,103.00
i. Finance cost 26,307.00 96,418.00
ii. Other Unallocable Expenditure net off Unallocable income (27,766.00) (59,837.00)
Profit before tax 1,96,637.00 9,72,522.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Natural Gas Transmission/Marketing 70,55,950.00 70,55,950.00
2 LPG Transmission 96,311.00 96,311.00
3 Petrochemicals 25,89,445.00 25,89,445.00
4 LPG and Liquid Hydrocarbons 2,11,547.00 2,11,547.00
5 City Gas 9,07,735.00 9,07,735.00
6 Other Segment 2,04,295.00 2,04,295.00
7 Unallocated 29,88,376.00 29,88,376.00
Total Segment Asset 1,40,53,659.00 1,40,53,659.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 1,40,53,659.00 1,40,53,659.00
4 Segment Liabilities
Segment Liabilities
1 Natural Gas Transmission/Marketing 20,46,196.00 20,46,196.00
2 LPG Transmission 15,325.00 15,325.00
3 Petrochemicals 1,34,817.00 1,34,817.00
4 LPG and Liquid Hydrocarbons 22,115.00 22,115.00
5 City Gas 1,40,922.00 1,40,922.00
6 Other Segment 42,184.00 42,184.00
7 Unallocated 27,22,934.00 27,22,934.00
Total Segment Liabilities 51,24,493.00 51,24,493.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 51,24,493.00 51,24,493.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re—measurement gain /(loss) on defined benefit plans 13,530.00 13,536.00
2 Net gain/(loss) on FVTOCI equity Securities 1,40,113.00 1,22,772.00
3 Share of Other Comprehensive income in Associates/JVs for the period 109.00 (6,333.00)
Total Amount of items that will not be reclassified to profit and loss 1,53,752.00 1,29,975.00
2 Income tax relating to items that will not be reclassified to profit or loss 23,448.00 20,782.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of foreign operations 42,132.00 29,738.00
2 Net movement in cash flow hedge gain /(loss) (45,140.00) (87,716.00)
Total Amount of items that will be reclassified to profit and loss (3,008.00) (57,978.00)
4 Income tax relating to items that will be reclassified to profit or loss (11,397.00) (22,112.00)
5 Total Other comprehensive income 1,38,693.00 73,327.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 8,22,101.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 96,418.00
Adjustments for decrease (increase) in inventories 1,08,920.00
Adjustments for decrease (increase) in trade receivables, current 67,321.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (1,11,706.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 3,83,509.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (40,580.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 47,049.00
Adjustments for dividend income 49,416.00
Adjustments for interest income 26,105.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 5,104.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 4,80,514.00
Net cash flows from (used in) operations 13,02,615.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,77,750.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 11,24,865.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 1,09,777.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 864.00
Purchase of property, plant and equipment 8,80,629.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 145.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 248.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 47,831.00
Interest received 25,680.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 250.00
Net cash flows from (used in) investing activities (9,15,388.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 6,14,300.00
Repayments of borrowings 2,48,616.00
Payments of lease liabilities 1,01,758.00
Dividends paid 3,94,451.00
Interest paid 1,44,572.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 87.00
Net cash flows from (used in) financing activities (2,75,010.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (65,533.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 29,738.00
Net increase (decrease) in cash and cash equivalents (35,795.00)
Cash and cash equivalents cash flow statement at beginning of period 1,31,718.00
Cash and cash equivalents cash flow statement at end of period 95,923.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s RAVI RAJAN & CO LLP Yes 31-05-2028
2 M/s ARUN K AGARWAL & ASSOCIATES Yes 31-01-2028