Gujarat Energy Limited Approves FY26 Results and Recommends Dividend
Gujarat Energy Limited (GEL), formerly Gujarat Gas Limited, announced key operational and financial outcomes following its Board Meeting held on May 30, 2026. The Board approved the audited standalone and consolidated financial results for the Quarter and the Financial Year ended March 31, 2026, and recommended a final dividend of Rs. 8.901 per Equity Share for the year 2025-26, subject to shareholder approval.The Board also approved the re-appointment of several independent directors for their second terms and confirmed changes in the company's senior management personnel and registered office address.
Financial Highlights for FY 2025-26
The financial results for the year ended March 31, 2026, reflect the impact of the ongoing amalgamation and demerger activities as per the Scheme of Amalgamation and Arrangement.The consolidated statement of segmentwise revenue reported for the year ended March 31, 2026, totaled 24,424.73 crore. The resulting profit after tax (PAT) for the year was 3,256.68 crore.
Comparison of Key Financial Indicators (Crores)
| Metric | March 2026 | March 2025 |
|---|---|---|
| Total Income (Consolidated) | 24,972.21 | 28,869.54 |
| Total Expenses (Consolidated) | 22,522.72 | 25,992.75 |
| Profit After Tax (Consolidated) | 3,256.68 | 3,957.20 |
| Total Assets (Standalone, March 31) | 23,396.49 | 28,461.06 |
| Total Assets (Consolidated, March 31) | 27,545.92 | 33,009.63 |
| Total Equity (Standalone, March 31) | 18,517.13 | 23,239.64 |
Dividend Recommendation and Governance Updates
The Board recommended a final dividend of Rs. 8.901 per Equity Share of Rs. 2 each to the shareholders for the Financial Year 2025-26. This dividend is subject to approval by the Shareholders at the upcoming Annual General Meeting.The Board also approved the re-appointment of four independent directors for second terms:
- Prof. Yogesh Singh: Re-appointment for a second term of three years, commencing from August 15, 2026, to August 14, 2029.
- Shri Bhadresh Mehta: Re-appointment for a second term of three years, commencing from August 15, 2026, to August 14, 2029.
- Shri Balwant Singh, IAS (Retd.): Re-appointment for a second term of three years, commencing from April 20, 2027, to April 19, 2030, with continuation beyond age 75 years.
- Dr. Rekha Jain: Re-appointment for a second term of three years, commencing from April 20, 2027, to April 19, 2030, with continuation beyond age 75 years.
Operational and Legal Changes
In addition to approving the financials, the Board approved changes to the company's corporate structure:1. Registered Office: The company's registered office was changed from "Gujarat Gas CNG Station, Sector-5/C, Gandhinagar - 382006, Gujarat" to "Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector-H, Gandhinagar, Gujarat - 382010."
2. Senior Management: Changes in the company's senior management personnel were also approved by the Board.
The company continues its operations across several segments, including Exploration & Production (E&P), Gas Trading, Power, Gas Transmission, and City Gas Distribution.
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Disclaimer: All financial figures are presented in Crore units, as per the source document.
GUJGASLTD Stock Price Movement
On Friday, shares of Gujarat Gas Limited edged higher to close at ₹401.15, recording a robust 5.90% gain for the session. The equity saw considerable market momentum, settling with total traded volume reaching 2.60 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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