02-August-2026
Corporate News
 
GAIL reports 96% jump in Q1 profit on strong growth in natural gas business
01-Aug-2026

State-owned energy company GAIL reported a whopping 96% year-on-year rise in its consolidated net profit for the April-June quarter, driven by strong growth in its natural gas business segment. The PSU’s net profit for the reporting period stood at Rs 4,671 crore, rising sharply from Rs 2,382 crore reported in the year-ago period. Sequential growth was even stronger as its profit soared 215% from Rs 1,481 crore reported in the March quarter.

News Source:- https://www.financialexpress.com/business/industry-gail-reports-96-jump-in-q1-profit-on-strong-growth-in-natural-gas-business-4307424/