Gujarat Energy Limited: 59% YoY Revenue Growth in Q2 FY27

!GUJENERGY DHARMESH BHATT (Research Analyst) SEBI Registration No. INH000009685 - Key Financial Highlights (Q2 & H1 FY27) - Revenue surge: Revenue from operations reached ₹9,826.08 crore in Q2 FY27, up 59.4% YoY compared to ₹6,164.86 crore in Q2 FY26. H1 FY27 revenue grew by 61.3% YoY to ₹19,496.34 crore. Profitability: Profit After Tax (PAT) rose 21.8% YoY to ₹639.27 crore in Q2 FY27 (up from ₹524.72 crore). H1 FY27 PAT grew 50.8% YoY to ₹1,637.24 crore. Earnings Per Share (EPS): EPS for Q2 FY27 stood at ₹6.81 (vs. ₹5.59 in Q2 FY26), bringing H1 FY27 EPS to ₹17.45. EBITDA growth: Q2 FY27 EBITDA grew 19.5% YoY to ₹1,019.40 crore. Strategic & Gas Sourcing UpdatesLong-term LNG agreements: GEL's board approved the execution of long-term LNG sourcing agreements with international suppliers for approximately 0.8 MTPA over tenures up to 10 years (Henry Hub-linked) to reduce dependence on spot LNG prices. Regasification deal: Approved a firm Regasification Agreement for LNG Cargo Slots at GSPC LNG Limited's Mundra LNG Terminal. Cargo imports: Imported 14 LNG cargoes in Q2 FY27, bringing the H1 FY27 total to 24 cargoes (compared to 12 in H1 FY26). Operational & Infrastructure PerformanceCGD Volumes: City Gas Distribution volumes grew ~24% YoY in Q2 FY27 to 10.7 MMSCMD. Network Expansion: MDPE pipeline network expanded to 43,148 km and steel pipeline network to 3,542 km as of September 30, 2026. CNG & PNG Penetration: Added 13 new CNG stations in Q2 FY27 (totaling 857 stations) and added ~49,000 new domestic PNG customers (~1,08,000 additions in H1 FY27). Capital Expenditure: Incurred ₹181 crore in Q2 FY27 (H1 FY27 total: ~₹308 crore), re-affirming the FY27 capex target of ₹1,000 crore. Read Disclaimer/Disclosure : click to link in Bio