Jul 24, 2013, 06.11 PM IST
KR Choksey expects GAIL India to report a 81 percent growth quarter-on-quarter (degrowth of 1 percent year-on-year) in net profit at Rs 1,119 crore.
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GAIL India Q1 net may dip 1% at Rs 1119 cr: KR Choksey
KR Choksey expects GAIL India to report a 81 percent growth quarter-on-quarter (degrowth of 1 percent year-on-year) in net profit at Rs 1,119 crore.
Like this story, share it with millions of investors on M3
GAIL India Q1 net may dip 1% at Rs 1119 cr: KR Choksey
KR Choksey expects GAIL India to report a 81 percent growth quarter-on-quarter (degrowth of 1 percent year-on-year) in net profit at Rs 1,119 crore.
Revenues are expected to decrease by 6 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 11605 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 55 percent Q-o-Q (down 3 percent Y-o-Y) to Rs 1860 crore.
KR Choksey report on GAIL India
Share of subsidy is expected to be around Rs 700 crore and improvement in petrochemical prices will lead topline growth.
Gas transmission will be 100-103mmscmd but petrochemical deltas are improved on Q-o-Q basis.
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