BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
GAIL India Ltd.'s Q2 FY21 results were below our estimates on revenue and operating profitability parameters and higher on net profitability front due to higher other income.
Natural gas transmission segment revenues increased 8.8% YoY and by 21.4% QoQ as the city gas distribution sector saw revival with industrial units running at Pre Covid-19 levels.
Volumes improved 18% QoQ and declined 2% QoQ. Gas marketing segment revenues were down 30.4% YoY and improved 11.3% QoQ.
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