Dolat Capital: Gujarat State Petronet Q2 Review - Volumes Ahead, Tariffs Below Our Estimates  

Dolat Capital: Gujarat State Petronet Q2 Review - Volumes Ahead, Tariffs Below Our Estimates

Gujarat State Petronet Gas pipelines. (Image: Company website)

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Dolat Capital Report

Gujarat State Petronet Ltd. transmission volumes at 39.75 million metric standard cubic meter per day (growth of 1.5% YoY and of 19.5% sequentially) above our estimates of 35.3 mmscmd.

Tariffs were at 1.55/standard cubic meter (de-growth of 10% YoY and growth of 3.3% QoQ).

Revenue is in line with our estimates. Revival of volumes were seen across segments, hence the offtake of gas.

Click on the attachment to read the full report:

Dolat Capital Gujarat State Petronet Q2FY21 Result Update.pdf
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