Un-Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter and Half year ended 30.09.2026 approved by the Board of Directors of the Company at its meeting held today i.e. on 30.10.2026 along with Limited Review Report in accordance with Regulation 33, 52(1) and 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regd.Office: GAILBHAWAN 16 BHIKAIJI CAMA PLACE, R.K. PURAM (ifRo ffilfiR <lil iJCllli"'l - lfffiM cfi'q;:f)) NEWDELHl·lloo66, INOIA GAIL (India) Limited l!iA/PHONE: +911 12618 2955 (A Government of India Undertaking -AM aharatna Company) m/FAX: +91112618 2955 f~"R/Email: info@gail.co.in ND/GAIL/SECTT/2026 30.10.2026 Listing Compliance Listing Compliance National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1 Floor 1, Phiroze Jeejeebhoy G Block, Bandra-Kurla Complex Towers, Dalal Street Bandra (East) Mumbai – 400051 Mumbai – 400001 Scrip Code: GAIL-EQ Scrip Code: 532155 Sub: Outcome of the Board Meeting–Un-Audited Financial Results (Standalone & Consolidated) for the Quarter and Half year ended 30.09.2026 Sir/Madam, This is in reference to our letter of even no. dated 16.10.2026. Pursuant to the SEBI Circular dated 30th January, 2026, please find enclosed the following: 1. Un-Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter and Half year ended 30.09.2026 approved by the Board of Directors of the Company at its meeting held today i.e. on 30.10.2026 along with Limited Review Report in accordance with Regulation 33, 52(1) and 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Statement indicating no Deviation or Variation in the use of proceeds of issue of listed non-convertible unsecured Debentures in accordance with Regulation 52(7) & 52(7A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. Format for disclosing outstanding default on loans and debt securities. 4. Security cover is available in accordance with Regulation 54(2) & 54(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 11:00 A.M. and concluded at 02:25 P.M. This disclosure is in compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you Yours Faithfully (Deepak Asija) Company Secretary Encl.: As above L40200DL1984GOl018976 www.gailonline.com Copy to: 1. Deutsche Bank AG The Capital, 14th Floor C-70, G Block, Bandra Kurla Complex Mumbai -400051 Deutsche Bank AG 2 London Stock Exchange AVS No. - 772950 Regulatory News Service Department (RNS), 10, Paternoster Square, London EC4M7LS 3. Beacon Trusteeship Limited 4 C and D Siddhivinayak Chambers, Gandhi Nagar, Opposite MIG Cricket Club Bandra East, Mumbai -400051 ARUN K. AGARWAL & ASSOCIATES RAVI RAJAN & CO LLP CHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTS 105, FF, South Ex. Plaza - 1, S0SC, Rectangle 1, 389, Masjid Moth, South Extn. Part-II, District Centre, Saket, New Delhi-110049 New Delhi-110017 Independent Auditors' Limited Review Report on the Unaudited Standalone Financial Results of GAIL {India) Limited for the quarter and half year ended September 30, 2026, pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Review Report to The Board of Directors GAIL (India) Limited 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of GAIL (India) Limited (the "Company") for the quarter and half year ended September 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the "Listing Regulations"), including relevant circulars issued by SEBI from time to time. 2. This Statement, which is the responsibility of the Company's Management, has been reviewed by the Audit Committee and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('IND AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Emphasis of Matter We draw attention to: (i) Note No. 3 to the accompanying Statement regarding two provisional tariff orders issued by Petroleum and Natural Gas Regulatory Board (PNGRB) in respect of Petroleum and Petroleum Product Pipelines, which are contested by the Company at Appellate Tribunal for Electricity (APTEL). djustment, if any, will be recognized as and when matter is finally decided. (ii) Note No. 4 to the accompanying Statement regarding CESTAT order confirming the demand for the differential amount by the Central Excise Department in the matter pertaining to classification of 'Naphtha' manufactured by the Company amounting to , 2889 crores (with interest up to September 30, 2026 , 3831 crores) including applicable penalty and interest thereon. Considering the merits of the case, the Company has filed an appeal before the Hon'ble Supreme Court. Based on the legal opinion obtained, the Company does not foresee any probable outflow in the matter and accordingly has treated the same as contingent liability. Our conclusion on the Statement is not modified in respect of the above matters. 6. Other Matter The Statement includes interim financial results/information of exploration & production operations, whose results reflect total revenue of, 324.48 crores and , 628.34 crores, total net profit before tax of, 152.47 crores and, 319.24 crores and total comprehensive income of, 152.47 crores and, 319.24 crores for the quarter and half year ended September 30, 2026 respectively, total assets of , 1776.64 crores and total liabilities of , 313.23 crores as at September 30, 2026, which have not been reviewed by their auditors. Such interim financial results/information are based on the statement from the Operators. Management is of the view that this will not have a material impact on the Company's Financial Results. Our conclusion on the Statement is not modified in respect of the above matter. For ARUN K. AGARWAL & ASSOCIATES For RAVI RAJAN & CO LLP Chartered Accountants Chartered Accountants Firm's Registration No.: 003917N Firm's Registration No.: 009073N/N500320 Sachin Kumar Jindal Partner Partner M. No.: 413012 M. No.: 531700 UDIN: 26413012WZZUXZ6321 UDIN: 26531700NHUVEV2226 Place: New Delhi Date: October 30, 2026 [Showing first 8,000 characters — download PDF for full document]