Highest-Ever Dividend Announced: Gujarat-Based Gas Company Reports FY26 Results; PAT Stands At Rs 2,299 Crore

On Monday, Indian equity benchmarks traded marginally higher in the morning session, with the benchmark Nifty 50 index rising 0.01 per cent to 23,549.15. Energy and gas sector stocks remained in focus following major corporate restructuring developments. In this segment, Gujarat Gas share price traded at Rs 394.40 on June 1, 2026, down 1.77 per cent from the previous close, after the company announced its FY26 results.

Gujarat Energy Q4 FY26 Results

For the quarter ended March 31, 2026, Gujarat Energy reported standalone revenue of Rs 5,975.6 crore compared with Rs 6,560.2 crore in the corresponding quarter of the previous year.

Profit before tax stood at Rs 726.1 crore in Q4 FY26 as against Rs 97.2 crore reported in Q4 FY25. Profit after tax rose sharply to Rs 520.6 crore compared with Rs 148.1 crore in the year-ago quarter.

Gujarat Energy FY26 Financial Performance

For the financial year ended March 31, 2026, the company reported revenue of Rs 24,198 crore compared with Rs 27,718 crore in FY25.

Profit before tax increased to Rs 3,088.7 crore from Rs 2,232.2 crore in the previous financial year.

Profit after tax stood at Rs 2,298.6 crore during FY26. The company noted that FY25 included merger accounting impacts and discontinued operations, making direct comparison less meaningful.

Gujarat Energy Board Recommends Final Dividend

The Board of Directors recommended a final dividend of Rs 8.90 per equity share having a face value of Rs 2 for FY26. The dividend is subject to approval of shareholders at the upcoming Annual General Meeting.

The Board also approved the reappointment of independent directors Prof. Yogesh Singh, Bhadresh Mehta, Balwant Singh (IAS Retd.) and Dr. Rekha Jain for a second term, subject to shareholder approval.

Gas Trading And City Gas Distribution Drive Business

Gas Trading and City Gas Distribution remained the company's largest business segments during FY26.

The Gas Trading segment reported revenue of Rs 16,101 crore, while City Gas Distribution generated revenue of Rs 15,976 crore. The Exploration and Production segment contributed Rs 92.9 crore, while the Power segment reported revenue of Rs 70.7 crore.

About Gujarat Energy

Gujarat Energy Ltd is a government-promoted integrated energy company engaged in natural gas trading, city gas distribution, exploration and production, and power-related activities. Following the restructuring, the company has emerged as a broader energy platform integrating businesses previously housed under Gujarat Gas, GSPC, GSPL and GSPC Energy.

What are your thoughts on Gujarat Energy's transformation into an integrated energy company following the group restructuring? Share your views in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.