GAIL (India) Q2 PAT seen down 28.8% to Rs 950.4 cr: Religare

Net Sales are expected to increase by 9.1 percent Q-o-Q (down 17.1 percent Y-o-Y) to Rs 11677.1 crore, according to Religare.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Earnings » Brokerage Results Estimates

Oct 19, 2016, 01.29 PM | Source: Moneycontrol.com

GAIL (India) Q2 PAT seen down 28.8% to Rs 950.4 cr: Religare

Net Sales are expected to increase by 9.1 percent Q-o-Q (down 17.1 percent Y-o-Y) to Rs 11677.1 crore, according to Religare.

Like this story, share it with millions of investors on M3

GAIL (India) Q2 PAT seen down 28.8% to Rs 950.4 cr: Religare

Net Sales are expected to increase by 9.1 percent Q-o-Q (down 17.1 percent Y-o-Y) to Rs 11677.1 crore, according to Religare.

Post Your Comments

Share Cancel

(more)

, Religare Retail Research |

Religare has come out with its second quarter (July-September) earnings estimates for the India Energy sector. The brokerage house expects GAIL (India) to report net profit at Rs 950.4 crore, down 28.8 percent quarter-on-quarter.

Net Sales are expected to increase by 9.1 percent Q-o-Q (down 17.1 percent Y-o-Y) to Rs 11677.1 crore, according to Religare.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.5 percent Q-o-Q (up 129.4 percent Y-o-Y) to Rs 1760.5 crore.

Religare's report on GAIL (India)

Adjusted earnings could improve to Rs 9.5bn (+12% QoQ) on higher petrochemical earnings and a marginal improvement in gas transmission volumes.

We expected petrochemicals segment EBITDA to improve to Rs 2.8bn (+40% QoQ) driven by volume expansion to 140k tmt (+27% QoQ).

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

Buy, Hold, Sell ? Hear it first on M3
GAIL (India) Q2 PAT seen down 28.8% to Rs 950.4 cr: Religare

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login