Dolat Capital: GAIL - Sequential Improvement In  Performance Coupled With Higher Price Realisations In Petchem Segment
GAIL India building. (Image: Company website)

Dolat Capital: GAIL - Sequential Improvement In Performance Coupled With Higher Price Realisations In Petchem Segment

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

GAIL India Ltd.’s Q2 FY21 results were below our estimates on revenue and operating profitability parameters and higher on net profitability front due to higher other income.

Natural gas transmission segment revenues increased 8.8% YoY and by 21.4% QoQ as the city gas distribution sector saw revival with industrial units running at Pre Covid-19 levels.

Volumes improved 18% QoQ and declined 2% QoQ. Gas marketing segment revenues were down 30.4% YoY and improved 11.3% QoQ.

Click on the attachment to read the full report:

Dolat Capital GAIL Q2FY21 Result Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.