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Net Sales are expected to decrease by 7.4 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 32,780 crore, according to Prabhudas Lilladher.
GAIL has been the biggest beneficiary of the gas market turmoil since last year, seeing its gas marketing segment revenue and spread rising rapidly
Net Sales are expected to increase by 63.4 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 28,412.7 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 56.9 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 24,391.5 crore, according to ICICI Direct.
Net Sales are expected to increase by 36.5 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs 16,493.6 crore, according to Prabhudas Lilladher.
Increased gas consumption by fertiliser units and recovery in city gas demand to pre-COVID levels drove the growth, said Motilal Oswal.
Net Sales are expected to decrease by 5.1 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 18,286 crore, according to Sharekhan.
Net Sales are expected to decrease by 5.9 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 17,924.4 crore, according to Kotak.
Net Sales are expected to decrease by 3.2 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 18,650.1 crore, according to ICICI Direct.
Net Sales are expected to increase by 8.1 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 18,704.9 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 4.3 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 18,050.5 crore, according to Kotak.
Net Sales are expected to increase by 25.8 percent Y-o-Y (down 1.4 percent Q-o-Q) to Rs. 19,511.4 crore, according to Kotak.
Net Sales are expected to increase by 27.3 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 19,650.6 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 26 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 19,511.4 crore, according to Kotak.
It reported a 33 percent jump in December quarter net profit as it sold more natural gas and transported higher volumes.
GAIL sold 9 percent more natural gas and transported 11 percent more LPG. Liquid hydrocarbon sales were up 5 percent.
Higher input costs ate away a portion of the operating profits despite inventory gains and a cut in employee expenses, finance costs and other expenses.
Net Sales are expected to increase by 29.3 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 18,637.2 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 33 percent Y-o-Y to Rs. 19,109.7 crore, according to Kotak.
Input cost pressure is being increasingly absorbed by companies as the demand environment in weakening
GAIL and IGL reported strong volume and a topline growth during Q1FY19. We find both stocks fundamentally sound and stay convinced with their growth story. While valuations for GAIL are attractive, we would recommend a better entry point for IGL.
The company's Q1 net profit increased by 23 percent at Rs 1,259 crore on the back of strong revenue income and operating performance.
Net Sales are expected to increase by 36.2 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 15,541.2 crore, according to KR Choksey.
Net Sales are expected to increase by 36.8 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 15,601 crore, according to HDFC.
Net Sales are expected to increase by 11.2 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 15,362.1 crore, according to Kotak.