Gujarat Energy Limited Q1 Net Profit Rises 84% to ₹1,007 Crore
Key highlights
- Gujarat Energy Ltd reported Q1 FY27 revenue of ₹9,544.98 crore, up 64.80% quarter on quarter.
- Q1 FY27 net profit was ₹1,007.40 crore, up 84.19% year on year in the detailed results summary.
- Operating profit reached ₹1,380.65 crore, a 198.67% sequential increase from ₹462.27 crore.
- The board was scheduled to consider Q2 FY27 results on November 5, 2026, followed by an earnings call on November 6.
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Gujarat Energy Limited reported Q1 FY27 net profit of ₹1,007.40 crore, up 84.19% year on year, on revenue of ₹9,544.98 crore, while its board was scheduled to consider Q2 FY27 results on November 5, 2026. The quarterly figures point to a sharp sequential improvement across revenue, operating profit and pre-tax earnings.
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What did Gujarat Energy Ltd report for Q1 FY27?
Gujarat Energy Ltd reported revenue of ₹9,544.98 crore for Q1 FY27, representing quarter-on-quarter growth of 64.80% from ₹5,791.85 crore. The results summary stated year-on-year revenue growth of 63.12%.
Operating profit rose to ₹1,380.65 crore from ₹462.27 crore in the preceding quarter, a sequential increase of 198.67%. The company reported that operating profit was 64.98% higher year on year. PBDT stood at ₹1,537.76 crore, up 157.53% quarter on quarter from ₹597.12 crore and 62.16% year on year.
Profit before tax was ₹1,337.11 crore, compared with ₹373.52 crore in the prior quarter. This was a 257.98% quarter-on-quarter increase and an 83.60% year-on-year increase, according to the supplied quarterly summary.
How did Gujarat Energy Ltd's profit improve during the quarter?
Gujarat Energy Ltd reported net profit of ₹1,007.40 crore, up 563.64% from ₹151.80 crore in the previous quarter. The company said net profit increased 84.19% year on year for the same period.
Other earnings information provided with the results placed Q1 FY27 earnings per share at ₹10.67, compared with ₹4.76 in Q1 FY26. That source also reported revenue of ₹9,960 crore and net income of ₹999 crore, along with a profit margin of 10.0%, up from 8.5% a year earlier.
The supplied material contains differences between the detailed Q1 results summary and other published result snapshots, including revenue, net profit and year-on-year growth figures. The detailed summary figures of ₹9,544.98 crore in revenue and ₹1,007.40 crore in net profit are used as the primary figures in this report because they provide the accompanying quarter-on-quarter and year-on-year comparisons.
Which Q1 FY27 financial figures matter most?
The most significant Q1 FY27 figures were the sequential increases in revenue, operating profit, PBDT, profit before tax and net profit. Net profit grew faster than revenue on both the sequential and annual comparisons given in the detailed summary.
A separate company update described Q1 FY27 net profit as ₹998 crore, up 78%, and EBITDA as ₹1,482 crore, up 65%. It attributed the performance to resilient gas trading and expanding city gas distribution volumes. These figures are close to, but not identical with, the detailed results summary.
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When will Gujarat Energy Ltd announce Q2 FY27 results?
Gujarat Energy Ltd scheduled a board meeting for November 5, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company had issued the board-meeting intimation to BSE on September 25, 2026.
The company also scheduled a Q2 FY26-27 earnings conference call for November 6, 2026, at 4:00 pm IST. Management is expected to discuss the quarterly results and take analyst questions during the call, according to the announcement.
The trading window for the company's equity shares was closed from October 1, 2026, to November 7, 2026, in connection with the results process. Gujarat Energy Ltd stated that the window would reopen on November 8, 2026.
Why do the Q1 figures matter for investors?
The Q1 numbers show that Gujarat Energy Ltd entered the September-quarter results announcement after a substantial improvement in its reported June-quarter earnings. Revenue growth was accompanied by higher operating profit, PBDT, profit before tax and net profit, based on the detailed summary.
For longer-term context, Gujarat Energy Ltd reported FY26 EBITDA of ₹3,772 crore, up 16% year on year, and FY26 standalone profit after tax of ₹2,299 crore. The supplied information also stated that FY26 standalone revenue was ₹24,198 crore and that profit after tax was lower than ₹4,204.02 crore in the prior year.
The company declared a dividend of ₹8.90 per equity share for FY26, amounting to ₹835.03 crore, following its 14th annual general meeting. Separately, the earnings information cited a forecast of 8.4% average annual revenue growth over the next three years, compared with 7.3% for the Indian gas utilities industry. That forecast is an external estimate and not a company guidance figure.
Conclusion
Gujarat Energy Ltd's detailed Q1 FY27 summary reported revenue of ₹9,544.98 crore and net profit of ₹1,007.40 crore, with profit growth outpacing revenue growth on the stated annual and sequential comparisons. The results were supported by sharp increases in operating profit, PBDT and profit before tax, although investors should note the differences across the result snapshots included in the supplied information.
The next disclosed event is the November 5, 2026 board meeting for Q2 FY27 and half-year results, followed by the November 6 earnings call. Investors will watch the reported standalone and consolidated figures, management's discussion of gas trading and city gas distribution operations, and any clarification of the differing Q1 figures in available disclosures.


