- GAIL India’s 1Q net income surged to 27.2 billion rupees, marking a 93% increase year-over-year.
- The net income figure came in well above analyst estimates of 22.15 billion rupees.
- Revenue for the quarter reached 336.9 billion rupees, showing a 4.5% increase compared to the same period last year.
- Revenue also exceeded analyst expectations, which were pegged at 326.09 billion rupees.
- Total costs for the quarter slightly decreased by 0.6% year-over-year, totaling 304.2 billion rupees.
- Other income rose significantly by 38% year-over-year, amounting to 3.71 billion rupees.
- Analyst recommendations for the stock include 20 buys, 6 holds, and 9 sells.
A look at Gail India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma’s Smart Scores, Gail India is positioned well for long-term success. With a strong Dividend score of 5, investors can expect a consistent and attractive return on their investment over time. Additionally, the company scores high in Value and Momentum, indicating solid performance and growth potential in the market. While Growth and Resilience scores are slightly lower, Gail India‘s overall outlook remains positive due to its key strengths in Dividend, Value, and Momentum.
GAIL India Limited, a Government of India undertaking, focuses on processing and distributing natural gas and liquefied petroleum gas. With a respectable Value score of 4 and a solid Momentum score of 4, the company demonstrates promising characteristics for investors seeking stability and growth opportunities. While there is room for improvement in Growth and Resilience scores, Gail India‘s strong Dividend score of 5 highlights its commitment to rewarding shareholders, making it an appealing choice for long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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