Search

Cookies

We use cookies to improve your experience. By continuing, you accept our use of cookies.

Business

GAIL Shares Surge Over 3% After Strong Q2 Earnings Report

· · 1 min read

GAIL (India) Ltd. shares jumped over 3% on Friday, October 30, 2026, following a robust second-quarter earnings report. The energy major announced an 8.3% rise in net profit to Rs 4,650 crore and a 17.8% increase in revenue to Rs 45,923 crore.

New Delhi – GAIL (India) Ltd., the prominent public sector energy company, experienced a significant boost in its stock value, with shares rising over 3% on Friday, October 30, 2026. This surge came after the company reported impressive financial results for its second quarter.

The company's stock climbed 3.39% to Rs 170.10, up from its previous close of Rs 165.10. This positive market reaction pushed GAIL's market capitalization to Rs 1.10 lakh crore.

Robust Profitability and Revenue Growth

GAIL's net profit for the second quarter saw an 8.3% increase, reaching Rs 4,650 crore. This compares favorably to Rs 2,217 crore recorded in the same period last fiscal year, demonstrating strong growth in profitability.

Revenue also showed substantial expansion, climbing 17.8% to Rs 45,923 crore in the last quarter. In the corresponding quarter of the previous fiscal year, revenue stood at Rs 35,031 crore, indicating a healthy upward trajectory.

EBITDA Performance

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter rose marginally by 0.6% to Rs 6,412 crore. The EBITDA margin for the period was reported at 14%, reflecting stable operational efficiency amidst the growth in revenue and profit.

The strong GAIL Q2 earnings underscore the company's solid performance in a dynamic energy market, providing a positive outlook for investors.

Related