INDIA MARKET LENS
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GAIL Q2 Results: Profit zooms 139% YoY to Rs 4,720 crore, revenue rises 33%; board approves GAIL Gas IPO

GAIL India moved higher in a quarterly results development for FY27 with January 1 in focus.

· Economic Times Markets

GAIL (India) has revealed a whopping 139.3% surge in its consolidated net profit for the FY27 September quarter, showcasing impressive operational revenue growth of 32.7% year-on-year. The board has sanctioned the IPO listing of its subsidiary GAIL Gas Ltd. on Indian stock exchanges, facilitating a 25% equity dilution.

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Period
FY27
Dates in focus
January 1

GAIL India reported Rs 4,720 crore for FY27, with movement of 33%, 25% and 139% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +1.7% on the day at ₹167.91, and has returned -3.3% over three months. It sits 9% below its 52-week high. The oil & energy sector has moved -5.7% over the same period, so GAIL India is running 2.4 points ahead of its peers.

For GAIL India, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • In focus: GAIL India (GAIL), in Oil & Energy.
  • Over three months: GAIL India -3.3% against Oil & Energy -5.7% (2.4 points ahead).
  • Trading well above normal today: GAIL India at 2.0 times its 20-day average volume.
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
GAIL IndiaGAIL · Oil & Energy₹167.91+1.7%-1.6%-3.3%-9.4%2.0×—

Oil & Energy

1M -4.8% · 3M -5.7%

GAIL India

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

GAILOil & Energy