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GAIL India is to announce its fourth quarter FY11 results. According to CNBC-TV18's estimates, the company's Q4 net sales are seen up 32% at Rs 8600 crore versus Rs 6522.1 crore.
Its EBITDA is seen up 8.21% at Rs 1425 crore versus Rs 1316.8 crore.
The company's net profit is seen up at Rs 915 crore versus Rs 910.8 crore.
Highlights
Higher subsidy burden likely to impact profitability
Upstream subsidy burden up to 38.8% Vs 33.3%
GAIL Subsidy burden for Q4 at Rs 901 crore
Profits may be off consensus by about Rs 130 crore
Gas transmission volumes will find support from LNG cargoes
Subsidy downside will be mitigated by strength in petchem
PAT maybe closer to Rs 800
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