GAIL Q3 FY26 Earnings Results: Net Profit Slumps 57.6% YoY, ₹5 Interim Dividend Declared

Gas Authority of India Limited (GAIL) announced its financial results for the October–December quarter on January 31, 2026. The Maharatna PSU reported a sharp 57.6% year-on-year fall in net profit.

GAIL’s net profit for Q3 FY26 stood at ₹1,729.13 crore, compared with ₹4,084.24 crore in the same quarter last year, as per the company’s exchange filing.

Revenue And Expenses Snapshot

Revenue from operations declined 4.4% year-on-year to ₹35,302.7 crore in the December 2025 quarter, down from ₹36,937 crore in the corresponding period last year.

During the same quarter, total expenses came down to ₹33,821.4 crore, compared with ₹34,876.4 crore reported in Q3 FY25.

Operating Margin Weakens

GAIL’s operating margin slipped to 4.71% in Q3 FY26, from 5.75% in the year-ago quarter.

On a quarter-on-quarter basis, margins also declined from 6.47% recorded in the September FY26 quarter, indicating continued pressure on profitability.

Interim Dividend Announced

Along with the quarterly results, GAIL announced an interim dividend of 50%, amounting to ₹5 per equity share for the financial year 2025–26.

The company has fixed Thursday, February 5, 2026, as the record date to identify shareholders eligible for the interim dividend payout.

Also Read: Union Budget 2026: Traditions, Timings and Interesting Facts You Should Know!

GAIL Share Price Movement

GAIL (India) share price (NSE: GAIL) was trading at ₹164.63 on the NSE at 9:28 AM on February 1, down ₹2.75 or 1.64% for the day. The stock opened at ₹167.35, touched a high of ₹168.10, and slipped to a low of ₹165.21 during the session.

Conclusion

GAIL’s Q3 FY26 performance reflects a sharp decline in profits due to weaker margins and slightly lower revenue. However, the interim dividend announcement offers some relief to shareholders amid the earnings pressure.

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