Gail India - Q2 FY13 Results - Microsec

Gail (India) ltd. announced its Q2 results on October 26, 2012.

Gail (India) Ltd. reported a Total income of INR 11392.93 cr which is up by ~17% on YoY basis while its net profit stood flat at INR985.38cr on yearly basis. Both EBITDA and PAT margins declined both on YoY and QoQ basis. However the company reported a other income of INR236.78 for the quarter.

During the Quarter the company reported a provisional data on under recoveries on LPG of INR785.67cr. shared by the company.

Revenue of INR123.01cr has been derecognized during the quarter in view of revision of LPG pipeline tariff by PNGRB.

Source : Equity Bulls

Keywords