Dolat Capital: Gujarat Gas Q2 Review - Sequential Volume Growth Across Segments
A pressure meter is seen on an in-ground liquefied natural gas (LNG) tank. (Photographer: Tomohiro Ohsumi/Bloomberg)

Dolat Capital: Gujarat Gas Q2 Review - Sequential Volume Growth Across Segments

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Dolat Capital Report

Gujarat Gas Ltd. results were above our estimates on revenue and profitability fronts.

Volumes were at 906 million metric standard cubic meter which was an increase of 5.4% YoY and of 140% QoQ, with industrial segment growth at 9% YoY and 178% QoQ.

Sales from the industrial segment are currently above Pre Covid-19 levels as sales volume has shown robust recovery post lockdown.

Click on the attachment to read the full report:

Dolat Capital Gujarat Gas Q2FY21 Result Update.pdf

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