Statement indicating no Deviation or Variation in the use of proceeds of issue of listed non-convertible unsecured debentures in accordance with Regulation 52(7) & 52(7A) of SEBI (Listing ....
GAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GAIL reported standalone FY2025-26 revenue of Rs 1,38,697 crore, up slightly from Rs 1,37,288 crore in FY25. However, net profit dropped 38% to Rs 6,968 crore from Rs 11,312 crore, mainly due to LNG supply disruptions from West Asia geopolitical tensions and Petronet LNG declaring force majeure. The board recommended final dividend of Rs 0.50 per share (5%), adding to the Rs 5 interim dividend already paid. Total assets grew to Rs 1,22,567 crore while borrowings increased to Rs 17,414 crore. Auditors issued unmodified opinion. The company noted it lacks required Independent Directors since March 28, 2026.
Profit decline and geopolitical disruptions in gas supply may create near-term stock pressure despite attractive dividend yield of around 7%. The governance issue regarding missing Independent Directors warrants monitoring.