GAIL India Q4 Results: Standalone Net Profit Declines 21% QoQ; Board Recommends Final Dividend for FY26 GAIL (India) reported a 21% sequential decline in its standalone net profit to ₹1,262 crore for the fourth quarter ended March 31, 2026 (Q4 FY26), compared to ₹1,602 crore in the preceding quarter. The state-owned energy company’s revenue from operations rose 2.1% quarter-on-quarter (QoQ) to ₹34,797 crore, up from ₹34,076 crore in Q4 FY25. However, its earnings before interest, taxes, depreciation, and amortisation (EBITDA) dropped sharply by 56.5% to ₹1,153 crore, down from ₹2,655 crore in the previous quarter. The EBITDA margin contracted to 3.31% from 7.79% in the same period. On a consolidated basis, GAIL’s revenue from operations increased marginally to ₹35,705 crore in Q4 FY26, compared to ₹35,303 crore in Q3 FY26. EBITDA for the quarter stood at ₹2,703 crore, down from ₹3,610 crore in the prior quarter, while profit after tax (PAT), excluding minority interest, was ₹1,485 crore, a decline from ₹1,756 crore in Q3 FY26. For the full fiscal year 2026 (FY26), GAIL’s standalone revenue from operations reached ₹138,697 crore, up from ₹137,288 crore in FY25. However, EBITDA for the year fell to ₹13,119 crore, compared to ₹19,168 crore in FY25, and PAT dropped to ₹6,968 crore from ₹11,312 crore in the previous fiscal year. The company invested ₹9,594 crore during FY26, primarily in pipeline infrastructure, petrochemical projects, operational capital expenditures, and equity contributions to joint ventures and subsidiaries, aligning with its long-term growth strategy. The board recommended a final dividend for FY26, bringing the total dividend payout ratio for the year to 51.90%. This follows an interim dividend of ₹5.00 per share. GAIL’s shares closed at ₹155.#gail_india #russia_ukraine_conflict #deepak_gupta #west_asian_crisis #jamnagar_loni_lpg_pipeline
Bharat PET Files DRHP with SEBI for ₹760 Crore Public Offer Bharat PET Ltd, an integrated packaging solutions provider, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise ₹760 crore through an initial public offering (IPO). The proposed share sale includes a fresh issue of ₹120 crore and an offer-for-sale (OFS) component of ₹640 crore. The OFS will involve the sale of stakes by promoters Deepak Gupta, Rahul Gupta, Ankur Gupta, Stuti Gupta, Sonu Gupta, Mitali Gupta, Ruchi Gupta, and Santosh Devi Gupta. The funds raised will be allocated to debt repayment, machinery and equipment procurement, and general corporate purposes. According to the DRHP, the company anticipates benefits from the equity listing, including enhanced visibility, improved brand image, and creating a public market for its shares in India. Established in 1998, Bharat PET specializes in manufacturing packaging solutions such as PET bottles, jars, multi-layer co-extruded bottles, caps, closures, preforms, and tin containers. The company primarily targets the agrochemical industry, holding an estimated 11% market share in India’s agrochemical packaging sector. As of September 2025, it operated over 500 moulds and served more than 1,500 customers across industries. Key clients include Dhanuka Agritech Ltd, Tata Consumer Products Ltd, PI Industries Ltd, Safex Chemicals India Ltd, and India Pesticides Ltd. Bharat PET’s manufacturing facilities are located in Delhi, Ankleshwar, Jammu, and Sonipat, with a total installed capacity of 18,110.53 MTPA as of September 2025. In the financial year 2024-25, the company reported revenue from operations of ₹411.82 crore and a profit after tax of ₹50.99 crore.#sebi #bharat_pet #deepak_gupta #rahul_gupta #ankur_gupta
