NIFTY 50

GAIL Q1 Earnings Preview: Here's what to expect

Updated : August 09, 2019 09:21 AM IST

GAIL will report its first-quarter earnings on Friday and analysts expect the state-owned company to report a decent set of results this time around.

  • The topline is expected to be flat at Rs 18,800 crore. EBITDA should go up by 34 percent. Margins are also expected to increase by 300 basis points (bps) on a sequential basis and profits are likely to go up by 15 percent.

  • Last quarter, GAIL had an exceptional income of around Rs 866 crore. So that is something the street will be keeping an eye out on.

  • The street is watching for higher margins because the operating costs are expected to be lower. In terms of segments – for the gas transmission business, which is big business for the company, volumes are expected to be flat but the EBIT is expected to increase 8 percent sequentially and 11 percent on a year on year (YoY) basis.

  • In the gas marketing business, which is the highest revenue generator, EBIT is expected to go up by 9 percent on a YoY basis, 2 percent sequentially.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV