State-owned GAIL India Ltd on Tuesday reported a marginal rise of 1.3% in its consolidated net profit for the last quarter of the financial year 2024-25 at Rs 2,505.61 crore from Rs 2,474.31 crore recorded in the same period of FY24. On a sequential basis, however, the net profit fell by 39% from Rs 4,084.24 crore.
The revenue from operations also increased by 11% to Rs 36,551.15 crore in the quarter under review. The company’s total income came to be at Rs 36,943.51 crore, up 11% from Q4FY24.
GAIL’s annual consolidated net profit for FY25 stood at Rs 12,462.87 crore, up by 26% from Rs 9,902.81 crore in FY24.
“The robust performance during FY25 is primarily driven by better physical & financial performance across all major segments,” said Sandeep Kumar Gupta, Chairman & Managing Director, GAIL.
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The Board of Directors of the company has recommended a final dividend of ₹1 per equity share at a face value of ₹10 per equity share for the financial year 2024-25, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This is in addition to the interim dividend of ₹6.50 per equity share. Consequently, the dividend pay-out ratio for the financial year stands at 43.59%, said the company.
During the fiscal year 2024-25, the company incurred a capex of Rs 10,512 crores. For the current financial year 2025-26, the company has set its capex target at Rs 10,000 crore with the majority amount being invested in the petchem and pipelines segments followed by equity investments and other segments such as compressed biogas and liquefied natural gas.
With a number of petrochemical projects underway, the company is expecting to add approximately 3 million tonnes of petrochemical capacity in FY26.
“Next year is going to be a very big year because new plants are also getting commissioned. Our 500 KTPA Usar plant (Maharashtra) will get commissioned by the end of this year. The 60 KTA Pata plant will also get commissioned very shortly. Another 1.25 MMTPA Purified Terephthalic Acid (PTA) manufacturing plant located in Mangalore will also get commission this year. So we have approximately 3 million tonnes of petrochemical capacity coming up,” Gupta said.
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