GAIL Share Price Rises 4%; Q3 FY25 Net Profit Jumps 28%, Interim Dividend Announced

GAIL (India) Limited saw a notable surge in its share price during the opening trade on January 31, 2025. The stock opened at ₹169.25 and initially dipped to ₹167.15 before experiencing a sharp recovery, reaching a high of ₹175.40.

This resulted in a gain of ₹8.06 or 4.82% at 10:00 AM on the NSE, showcasing strong positive momentum. The significant upward movement comes after yesterday’s closing price of ₹167.11.

Q3 FY25 Financial Details

The company’s revenue from operations rose by 6.23%, reaching ₹36,937 crore, up from ₹34,768 crore in Q3 FY24.

Despite the profit and revenue growth, GAIL’s operating performance showed some weakness, with EBITDA declining by 24.2% quarter-on-quarter, falling to ₹2,837.8 crore from ₹3,745 crore in the previous quarter. Margins also decreased to 8.1% from 11.4%, falling short of the anticipated 11.2%.

The company’s board declared an interim dividend of ₹6.5 per equity share, amounting to ₹4,273.81 crore. Additionally, GAIL recognised ₹2,440 crore as exceptional income, stemming from a settlement with an LNG supplier.

GAIL (India) has posted a strong financial performance for Q3 FY25, with net profit increasing by 28% to ₹4,084 crore, compared to ₹3,193 crore in the same period last year.

GAIL Expands LNG Fleet 

In December 2024, GAIL (India) signed a long-term time charter contract with Kawasaki Kisen Kaisha, Ltd. (“K” LINE) for a newly built LNG ship.

This marks the first such agreement between GAIL and “K” LINE, which has over 40 years of expertise in LNG transportation. The LNG vessel, set to begin operations in 2027, will have a tank capacity of 1,74,000 cubic meters and will be built by Samsung Heavy Industries.

The new vessel will bolster GAIL’s existing LNG fleet, which currently includes four vessels, by adding a modern and efficient carrier for transporting natural gas to both domestic and international markets.

This development aligns with GAIL’s ongoing strategy to diversify its LNG sourcing and improve its transportation infrastructure.

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