Gujarat Gas Reports Q3 FY26 Revenue of ₹7,865 Crore

Filed: January 20, 2026

Filing Summary

Gujarat Gas Limited announced its Q3 FY26 financial results, reporting a revenue from operations of ₹7,865 crore, up from ₹6,333 crore in Q3 FY25. The company’s EBITDA increased to ₹502 crore, a 14% rise from the previous year, while PAT reached ₹266 crore, marking a 20% increase. The company achieved a CNG volume of 3.45 mmscmd, an 11% increase year-on-year. Gujarat Gas continues to expand its network, adding over 38,600 new domestic customers and operating 833 CNG stations. The company has also appointed McKinsey & Company as a strategic consultant.

Gujarat Gas Limited has released its unaudited financial results for the third quarter of the fiscal year 2026. The results were approved by the Board of Directors in a meeting held on January 20, 2026. The company reported a revenue from operations of ₹7,865 crore for Q3 FY26, compared to ₹6,333 crore in the same quarter of the previous year. The meeting commenced at 12:30 P.M. and concluded at 2:15 P.M.

The company’s financial performance for the quarter showed an increase in key metrics. The EBITDA for Q3 FY26 stood at ₹502 crore, up from ₹439 crore in Q3 FY25, reflecting a 14% increase. The PAT was reported at ₹266 crore, compared to ₹222 crore in the previous year, marking a 20% increase. These figures indicate a growth in the company’s financial operations over the past year.

Operationally, Gujarat Gas achieved a CNG volume of 3.45 mmscmd in Q3 FY26, an 11% increase from 3.12 mmscmd in Q3 FY25. The PNG Domestic volume was 0.83 mmscmd, and the PNG Commercial volume was 0.17 mmscmd, showing increases of 11% and 8% respectively from the previous year. The company added over 38,600 new domestic customers during the quarter, expanding its service to more than 23.83 lakh households. Gujarat Gas operates 833 CNG stations and maintains a pipeline network of 44,540 Inch Km.

The company has been actively pursuing growth through strategic initiatives. It has signed 78 EDODO agreements with various dealers to expand its CNG station network. Additionally, Gujarat Gas has appointed McKinsey & Company as a strategic consultant to assist in its growth strategies. The company also held a meeting of its equity shareholders on October 17, 2025, to approve a Composite Scheme of Amalgamation and Arrangement, which received shareholder approval and has been filed with the Ministry of Corporate Affairs.

The financial results and operational updates reflect Gujarat Gas’s ongoing efforts to expand its market presence and enhance its service offerings. The company’s strategic initiatives, including the appointment of a strategic consultant and the expansion of its CNG station network, are aimed at supporting its growth objectives.

Gujarat Gas Limited is the largest City Gas Distribution Company in India, providing natural gas services to households and businesses across six states and one union territory. The company focuses on expanding its infrastructure and service capabilities to meet the growing demand for natural gas in the region.

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