Q1 2025 Gail (India) Ltd Earnings Call Transcript
Key Points
- GAIL (India) Ltd (GAILF) reported a 4% increase in turnover to INR 33,627 crores in Q1 FY '25, driven by robust performance in the gas transmission segment and higher natural gas prices.
- Profit before tax (PBT) increased by 28% to INR 3,642 crores, and profit after tax (PAT) rose by 25% to INR 2,724 crores compared to the previous quarter.
- GAIL (India) Ltd (GAILF) advanced its net zero carbon emission target for Scope 1 and Scope 2 emissions to 2035 from the earlier target of 2040.
- The company added 700 new DPNG connections and plans to add 50 new CNG stations and 120,000 new DPNG connections in the next two years.
- GAIL (India) Ltd (GAILF) is on track to complete several major pipeline projects, including the Mumbai-Nagpur-Jharsuguda pipeline and the Jagdishpur-Haldia Bokaro-Dhamra pipeline, within the current financial year.
- Polymer production decreased significantly by 86 TMT to 162 TMT in Q1 FY '25 due to annual turnaround activities.
- LHC production also saw a decline to 216 TMT from 265 TMT in the previous quarter, attributed to annual turnaround activities.
- LPG transmission volume decreased to 1,065 TMT from 1,114 TMT in the previous quarter.
- The company faced issues with the Dabhol breakwater facility, delaying its commissioning as an all-weather terminal.
- Despite the overall positive financial performance, the gas marketing volume remained flat at 99.47 MMSCMD compared to the previous quarter.
Ladies and gentlemen, good day, and welcome to the GAIL Limited Q1 FY '25 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Abhishek Nigam. Thank you, and over to you, sir.
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Yes. Thank you, Sejal. Thank you, everyone, for taking out time for GAIL's first quarter FY '25 Results Call. We have with us from the management, Shri R. K. Jain, Director Finance of the company, along with other members of senior management. And now without any further delay, I'll hand over to management for opening remarks. Over to you, sir.
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Thank you, Abhishek. A very good morning to you, my colleagues present here, dear friends from investors and analyst community. Once again, good morning, and a very warm welcome to GAIL's earnings call for
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