Press Release

GEL/SEC/2026/1635 5th November, 2026 BSE Limited, National Stock Exchange of India Ltd, Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Mumbai G Block, Bandra Kurla Complex, Bandra (East), Mumbai Company Code: BSE - 539336 Company Code: NSE - GUJENERGY Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Press Release Respected Sir/ Madam, We are pleased to enclose herewith the Press Release on Un-audited Financial Results for the Quarter and Half Year ended on 30th September, 2026, approved by the Board at its Meeting held today i.e., on 5th November, 2026. The same will also be made available on the website of the Company viz. www.gujarat-energy.com. The Board Meeting held today commenced at 03:00 p.m. and concluded at 4:45 p.m. This is for your information and record. Thanking you, For, Gujarat Energy Limited Sandeep Dave Company Secretary Encl: As above GUJARAT ENERGY LIMITED (Erstwhile Gujarat Gas Limited) Corporate Office: Office No. 4 & 5, Ground Floor, IT Tower -2, Infocity, Gandhinagar – 382009 Gujarat Registered Office: Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector- 11, Gandhinagar, Gujarat – 382010 Tel.: +91-79-66701001 Website: https://www.gujarat-energy.com/ , CIN: L40200GJ2012SGC069118 Earnings Release I Q2 & HI FY27 GUJARAT ENERGY IGujarat Energy Limited reports 59% YoY revenue growth at Rs. 9,826 crores in Q2 FY27 fBIDTA increases 19.5% while PAT up 21.8% YoY Gandhinagar. November S, 2026: Gujarat Energy Limited (BSE: 539336, NSE: GUJENERGY) today announced its unaudited standalone 'financial results for the quarter and half year ended September 30, 2026 (Q2 & HI FY27). KEY FINANCIAL HIGHLIGHTS (Amount in ~ crore) Revenue (rom 9,826.08 6,164.86 59.4% 19,496.34 12,089.20 61.3% Operation EBITDA 1,019.40 853.09 19.5% 2,501.57 1,748.68 43.1% EBITDA Margin 10.37% 13.84% 12.83% 14.46% Profit after Tax 639.27 524.72 21.8% 1,637.24 1,085.80 50.8% EPS (f) 6.81 5.59 - 17.45 11.57 EBIDTA Includes other Income STRATEGIC & CORPORATE DEVELOPMENTS • GEL board accorded approval for execution of long-term LNG sourcing agreements with reputed international LNG suppliers aggregating to approx. 0.8 MTPA for a tenure upto 10 years linked to Henry Hub, in order to secure reliable and sustainable supply of LNG • GEL board has approved execution of Regasification Agreement on firm basis for LNG Cargo Slots at GSPC LNG Limited's Mundra LNG Terminal OPERATIONAL PERFORMANCE • CGO update: In Q2FY27, CGO volumes increased by -24% YoY to 10.7 MMSCMD and in HI FY27, volumes increased by -31% YoY to 11.5 MMSCMO; led by industrial demand and CNG penetration. Strengthening company's distribution infrastructure, GEL expanded its MOPE pipeline network to 43,148 km and its steel pipeline network to 3,542 km as of 30 September 2026. , • Capex update: In Q2FY27, GEL incurred capex of -Rs. 181 crore, taking the total capex to -Rs. 308 crore as on HI FY27. The company reiterates the capex guidance of -Rs. 1,000 crore for FY27. Earnings Release I Q2 & HI FY27 GUJARATENERGY • CNG update: In Q2FY27, CNG volume increased by -11% YoY to of 3.67 mmscmd and in HIFY27, volumes increased by -12% YoY to 3.72 MMSCMD.ln Q2FY27, 13 additions in CNG stations taking total to 857 stations as on HI FY27. • PNG update: Company added -49,000 new domestic customers in Q2FY27 and -1,08,000 new domestic customers in H I FY27. • Gas Sourcing Update: In Q2FY27, imported 14 LNG cargoes (including partial cargoes), taking the total to 24 LNG cargoes during H 1F Y27, compared with 12 in HI FY26, strengthening supply flexibility. Management Comments: Shri M K Oas, lAS, Chairman informed that approval of long-term LNG sourcing agreements with reputed international LNG suppliers will reduce dependence on Spot LNG Cargos and secure reliable and sustainable supply of LNG. Comment on the operational & financial performance of Q2 FY27, Smt. Avantika Singh, lAS, Managing Director said, "We have delivered a strong performance in Q2 FY27, reflecting the resilience of our business model and continued focus on operational excellence. Revenue from operations grew by 59.4% year-on-year to ~9,826 crore, EBIDTA grew by 19.5% to ~1 ,019 crore and Profit After Tax increased by 21.8% to ~639 crore." She further added, "Our focus remains on leveraging our expertly curated gas sourcing portfolio to expand our City Gas Distribution (CGD) network, strengthen CNG infrastructure and accelerate domestic PNG penetration across our GAs. As part of our new business Initiatives, we have recently issued Expression of Interest (EOI), inviting franchisee partner for development of LNG Stations in identified locations to power long-haul transport as well as partners for setting up Compress Biogas (CBG) Plants (200 TPD capacity - 100 TPD in Gujarat and 100 TPD outside GujaraS. driving the transition to Sustainable and low carbon energy. As India moves towards a cleaner energy mix, we remain committed to investing in infrastructure, enhancing operational efficiency and leveraging emerging opportunities to drive sustainable growth and long-term stakeholder value.". About Gujarat Enere:x Limited: Gujarat Energy Limited (Erstwhile Gujarat Gas Limited) is a leading Integrated Energy Company in India. The company has a successful track record of providing uninterrupted services to households for over 3 decades through a network of 46,690+ kms of gas pipelin'e, distributing approx. 15.38 mmscmd of natural gas in Q2 FY27. The company operates 857 CNG stations and provides natural gas to more than 25.3 lakh households in six states and one union territory. For further information please contact: Abhishek Savant Priya Saini Ventas Reputation PR Pvt Ltd Veritas Reputation PR Pvt Ltd abhishek@verjcasrepytation.com priya.saini@veritasrepytation.com +91 810 88488 22 +91 8447441404 Earnings Release I Q2 & HI FY27 GWARAT ENERGY Investor-related queries: EY Gujarat Energy Limited Krishna Patel Sandeep Dave Krishna.P atel2!a>.in A' rnm sandeen.davelalQ1lienerl!V .com Abhishek Bhatt Hetal Thaker Abbi~bek.Bb!ltt3@iD,g~,CQm I:hltal@i:uj~D~[~,~Om