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ICICI Securities: Gujarat Gas - Q1 Severely Hit By Lockdown, Recovery In Sight

Gujarat Gas’ Q1 FY21 earnings per share fell 75% YoY due to a plunge in volumes and ebitda margin contraction on a high base.

Gas cylinders stand at the Bilche-Volytsko-Uherske underground gas storage site,  (Photographer Vincent Mundy/Bloomberg)
Gas cylinders stand at the Bilche-Volytsko-Uherske underground gas storage site, (Photographer Vincent Mundy/Bloomberg)
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