GAIL India net profit drops 18% in Q2 as petrochemical margins squeeze

State-owned gas utility GAIL (India) Ltd on Friday reported an 18 per cent drop in September quarter net profit as petrochemical margins came under pressure in a quarter with flattish volumes.

Standalone net profit of Rs 2,823.19 crore in the July-September period — the second quarter of the 2025-26 fiscal year — compared with Rs 3,453.12 crore earning in the same period last year, according to a stock exchange filing by the company.

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