GUJARAT ENERGY LIMITED

Gujarat Energy Limited (GEL) held its Q1 FY27 earnings conference call on August 12, 2026, where management presented strong operational and financial results. The company reported a revenue of INR9,670 crores, a 63% increase year-on-year, with EBITDA rising 65% to INR1,482 crores and profit after tax growing 78% to INR998 crores. GEL highlighted its integrated business model, which includes gas trading, city gas distribution (CGD), and renewable energy. The gas trading segment achieved significant profitability, with earnings before tax increasing to INR726 crores. The CGD segment also showed growth, with CNG volumes rising 13% and the addition of 59,000 new domestic PNG customers. Management noted ongoing challenges in global energy markets but expressed confidence in their strategy and commitment to sustainable growth. The call concluded with a Q&A session addressing various operational queries from analysts.

Management emphasized strong performance and growth across key business segments.