GAIL Announces Quarterly Results (1QFY20); Net Profit Up 2.2%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

GAIL Announces Quarterly Results (1QFY20); Net Profit Up 2.2%
Tue, 13 Aug

GAIL has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

GAIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m172,986187,639183,115-2.4%5.9%
Other incomeRs m1,1968,6591,512-82.5%26.4%
TurnoverRs m174,182196,298184,626-5.9%6.0%
ExpensesRs m150,550170,798160,525-6.0%6.6%
Gross profitRs m22,43613,57822,59066.4%0.7%
DepreciationRs m3,7894,5744,057-11.3%7.1%
InterestRs m441263239-9.2%-45.8%
Profit before taxRs m19,40317,39919,80513.8%2.1%
TaxRs m6,8106,1776,93012.2%1.8%
Profit after taxRs m12,59311,22212,87514.7%2.2%
Gross profit margin%13.07.212.3
Effective tax rate%35.135.535.0
Net profit margin%7.25.77.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 5.9% on a year-on-year (YoY) basis. The expenses were up by 6.6% YoY during the same period.
  • The company's operating profit increased by 0.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.3% in 1QFY20 as against 13.0% in 1QFY19.
  • Depreciation charges increased by 7.1% and finance costs declined by 45.8% YoY, respectively.
  • Other income increased by 26.4% YoY during the quarter.
  • Net profit for the quarter increased by 2.2% YoY. Net profit margins during the quarter declined from 7.2% in 1QFY19 to 7.0% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 2.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 6.0% QoQ during the same period.
  • The company's operating profit increased by 66.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.3% in 1QFY20 as against 7.2% in 4QFY19.
  • Net profit for the quarter increased by 14.7% QoQ, while net profit margins increased from 5.7% in 4QFY19 to 7.0% in 1QFY20.

To see how GAIL has performed over the last eight quarters,please visit here.

GAIL Share Price Performance

Over the last one year,GAIL share price has moved down from Rs 187.8 to Rs 125.3, registering a Loss of Rs 62.6 or around 33.3%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 13,229.3 (up 2.8%). Over the last one year it has moved down from 14,804.7 to 13,229.3, a gain of 1,575 points (down 10.6%).

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 125.3, the price to earnings (P/E) ratio of GAIL stands at 4.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

Equitymaster requests your view! Post a comment on "GAIL Announces Quarterly Results (1QFY20); Net Profit Up 2.2%". Click here!

  

Related Views on News

GAIL Announces Quarterly Results (2QFY20); Net Profit Down 45.8% (Quarterly Result Update)

Nov 12, 2019 | Updated on Nov 12, 2019

For the quarter ended September 2019, GAIL has posted a net profit of Rs 11 bn (down 45.8% YoY). Sales on the other hand came in at Rs 180 bn (down 6.4% YoY). Read on for a complete analysis of GAIL's quarterly results.

GAIL Announces Quarterly Results (4QFY19); Net Profit Up 9.9% (Quarterly Result Update)

May 29, 2019 | Updated on May 29, 2019

For the quarter ended March 2019, GAIL has posted a net profit of Rs 11 bn (up 9.9% YoY). Sales on the other hand came in at Rs 188 bn (up 21.6% YoY). Read on for a complete analysis of GAIL's quarterly results.

GAIL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of GAIL for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of GAIL. Also includes updates on the valuation of GAIL.

More Views on News

Most Popular

Buy this 'Crorepati Stock' and You Could End Up Stinking Rich(Profit Hunter)

Feb 5, 2020

I'm talking about an individual small cap stock that could go up so many times that they make their investors stinking rich in the process. You definitely want to know more...

This Smallcap Stock Could be the Next Titan (Up 1,400% in 10 Years)(Profit Hunter)

Feb 11, 2020

A blueprint to latch on to the next 'Crorepati' stock - and an event I hope you won't miss on any account.

Will Your Trade Go Up or Down Today?(Fast Profits Daily)

Feb 5, 2020

How you can find out which way your trade is likely to move on any given trading day.

Will Algo Traders Take Away All Your Profits?(Fast Profits Daily)

Feb 11, 2020

How to fight back against algo trading systems.

No Change in My Long-Term View on the Rebirth of India Stocks(The 5 Minute Wrapup)

Feb 6, 2020

Why the recent post budget volatility has not affected my bullish view on the Rebirth of India stocks.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

GAIL SHARE PRICE


Feb 17, 2020 (Close)

TRACK GAIL

COMPARE GAIL WITH

MARKET STATS