GAIL (India) Ltd's Q1FY20 standalone net profit rises 2.2% yoy to Rs1,288cr : In-line with Estimates

The company’s standalone revenue stood at Rs18,463cr, up 6% yoy

Aug 09, 2019 09:08 IST India Infoline Research Team

GAIL (India) Ltd Q1FY20

Standalone Results Q1FY20: (Rs. in cr)

Q1FY20 YoY (%)
Revenue 18,463 6
EBITDA 2,410 2.0
EBITDA Margin (%) 13.1 [52]
Net Profit (adjusted) 1,288 2.2
***EBITDA margin change is bps
GAIL India Ltd.'s Q1FY20 results meets consensus estimates. Revenue grew by 6% yoy to Rs18,463cr against Rs17,418cr in Q1FY19. EBITDA for the quarter grew by 2% yoy to Rs2,410cr against Rs2,363c. EBITDA margin declined by 52bps yoy to 13.1%. Net profit for the quarter grew by 2.2% yoy to Rs1,288cr against Rs1,259cr yoy.






Technical View:

GAIL (India) Ltd is currently trading at Rs. 123.95, up by 2.05 points or 1.68% from its previous closing of Rs. 121.90 on the BSE.
The scrip opened at Rs. 122.45 and has touched a high and low of Rs. 125.30 and Rs. 120.65 respectively. So far 1,26,44,025 (NSE+BSE) shares were traded on the counter. The stock is currently trading above its 200 DMA.

Related Story