GAIL shares tumble over 5% despite three-folds QoQ surge in Q1 profit to ₹4,292 crore; check June quarter performance

At around 11:12 AM, the stock was trading 4.50% lower at ₹173.28 per equity share.

The scrip has fallen nearly 1% in the past week and over the month. However, on a year-to-date (YTD) basis, it has surged marginally.

While the share hit a 52-week high of ₹186.87 per unit on November 27, 2025, it touched a year’s low of ₹134.36 on March 23, 2026.

Q1 results snapshot

According to a regulatory filing dated July 31, the Maharantna PSU saw its standalone net profit soar 240% quarter-on-quarter (QoQ) to ₹4,292.33 crore during the quarter under review, in comparison to ₹1,262.18 crore in the fourth quarter of the 2025-26 fiscal year (Q4 FY26).

On a year-on-year (YoY) basis, the company’s standalone net profit gained 127% from ₹1,886.34 crore in the first quarter of FY27.

The company’s revenue from core operations advanced 12% to ₹38,981.63 crore in the June quarter of FY27, compared sequentially with ₹34,797.03 crore in the fourth quarter of FY26.

GAIL India’s Q1 earnings report suggests that the company’s operational level earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 453% YoY to ₹6,376 crore in the June quarter, in comparison to ₹1,152 crore in the fourth quarter of FY26.

The company’s EBITDA margin expanded to 16.35% in Q1 FY27, compared to 3.31% in Q4 FY26.

During Q1 FY27, GAIL recorded a capex of ₹6,176 crore, as against the annual planned capex of approximately ₹11,500 crore, in line with its long-term growth strategy.

Its liquid hydrocarbon (LHC) production grew to 232 thousand metric tons (TMT), in contrast to 194 TMT, and its natural gas transmission advanced to 122.35 Million Metric Standard Cubic Meters per Day (MMDCMD), versus 118.99 MMSCMD in Q4 FY26.

“The sequential increase in natural gas transmission and LHC production underscores the strength of GAIL’s core infrastructure and liquid hydrocarbon operations,” the company said.

However, its gas marketing volume fell to 93.82 MMSCMD from 101.88 MMSCMD in the preceding quarter, and its polymer production declined sharply to 51 TMT from 153 TMT QoQ, reflecting the impact of external disruptions during the quarter.

Furthermore, its liquefied petroleum gas (LPG) transmission dropped to 1,077 TMT from 1,114 TMT, on a sequential basis.

GAIL has a total market capitalisation of ₹1.14 lakh crore as of August 3, 2026, according to data on the NSE.