Dolat Capital: Gujarat State Petronet Q2 Review - Volumes Ahead, Tariffs Below Our Estimates  
Gujarat State Petronet Gas pipelines. (Image: Company website)

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

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

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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