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Earnings

Gail Q4 earnings today: Key things to watch out for

Updated : May 27, 2019 08:55 AM IST

State-owned natural gas processing and distribution company Gail will report its fourth-quarter earnings on Monday and the company expected to report a weak set of numbers on a sequential basis on the back of weak LNG demand.

  • The spot LNG prices declined during the quarter and the profits were lower in the LPG segment due to low product prices.

  • However, the petrochemical segment is expected to do better because of lower gas cost and higher plan utilisation.

  • The street expects revenue to decline by 7 percent at Rs 18,400 crore and EBITDA is seen down 10.7 percent at Rs 2386 crore.
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