GAIL (India) Limited (GAID) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, good morning, everyone. Welcome to Q1 FI26 Earnings Call of Gale India Limited hosted by Macquarie. From the management team, we have Mr. Rakesh Kumar Jain, Director of Finance and other senior executives. So without any further delay, I would like to invite Mr. RK Jain for his opening remarks, which will be followed by a Q&A session. Over to you, sir. Thank you, Mr. Joshi from Macquarie Capital. Dear friends from investors and analyst community, And my colleagues present here, a very good morning and warm welcome to this call for Q1 financial year 26. At the outset, I seek my apologies for being eight to nine minutes late because of unavoidable circumstances. There was a heavy rain in the morning and a lot of water logging. So my apologies for that. I take pleasure to inform that the Durgapur-Palkata section of Jagdishpur-Haldia-Bokara-Dhamra pipeline has been completed and dedicated to the nation by our Honorable Prime Minister on July 18, 2025. With the commissioning of this pipeline, now Bengal gas will be connected to natural gas pipeline and they need not take the molecule through cascade and HPCS3 GA will also get connected and there is a potential of 0.4 MMSCMD for these CGs on immediate basis once they start taking. Another development on July 23rd, 2025, Gale has got PNGRB's authorization for capacity expansion of Gale's Jamnagar-Loni LPG pipeline. The current capacity, as you know, is 3.25 mm TPA. With the authorization of expansion this capacity will increase to 6.5 mm dp. This pipeline will involve a capex of 5000 crore and it is on this project and the authorization as per authorization we have to complete this project within three years. Gail's result for quarter ended June 30th 2025 having declared yesterday and You must have gone through those re...