GAIL India Q2 PAT seen down 11% at Rs 969 cr: KR Choksey

KR Choksey has come out with its earnings estimates on GAIL India for September quarter FY13. According to the research firm, the company's Q2FY13 sales are likely to go up by 1% at Rs 9,864 crore, Year-on-Year (YoY) basis.

October 13, 2012 / 13:44 IST

KR Choksey has come out with its earnings estimates on GAIL India for September quarter FY13. According to the research firm, the company's Q2FY13 sales are likely to go up by 1% at Rs 9,864 crore, Year-on-Year (YoY) basis.

The company's net profit is seen down 11% at Rs 969 crore, YoY.

Share of subsidy will be lower and improvement in petrochemical prices will lead topline growth. Gas transmission will be ~118mmscmd but petrochemical deltas are improved on Q-o-Q basis.

first published: Oct 13, 2012 01:43 pm

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