GCV Services Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of GCV Services Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: GCV Services Ltd.
Rating: 5
Author: Motilal Oswal

Keep track of all breaking news and updates on GCV Services Ltd. from all sources in a single place.

GCV Services Ltd.

07 Feb 2023

Coal import cannot be zero as thermal power projects designed for dry fuels

Business Standard

Coal imports cannot be reduced to zero as several thermal power projects in India are designed to utilise the imported dry fuel for its high calorific value and blending it with domestic coal is also needed to maintain fuel stocks, Parliament was informed on Tuesday. "The power plants designed for utilizing high Gross Calorific Value (GCV) non-coking coal, and cement, sponge iron, aluminum customers are utilizing high-ranked low ash coal. The coal requirement for such category of consumers cannot be substituted by domestic coal. Thus, import of coal cannot be reduced to zero," Power Minister R K Singh said in a written reply to the Rajya Sabha. Singh said thermal power plants have been importing coal for blending since 2009. During 2022-23 (till January 2023), Coal India Ltd despatched 485.99 million tonne (provisional) coal to the power sector as compared to 440.05 MT during the same period a year ago, registering a growth of about 10 per cent. However, he stated that with the ris

GCV Services Ltd.

12 Aug 2019

DSM regulations, low GCV coal loss impacts profitability

Buy: GCV Services Ltd.

Motilal Oswal

DSM regulations, low GCV coal loss impacts profitability Expect capitalization to pick up pace Standalone (S/A) 1QFY20 adj. PAT decreased ~9% YoY to INR27b (14% miss on our est.). PAT has been adjusted for est. INR1.1b under-recovery (u/r) of fixed charge (FC) for this quarter. The miss is due to an impact of DSM regulations (~INR1.5b), carpet coal loss (~INR1.5b) and tax leakage on change in deferred tax recognition. Reported PAT, though, was up ~1% YoY to INR26b on lower FC under-recovery and higher other income, which jumped 2.4x YoY to INR3.3b on accrual accounting of...

GCV Services Ltd.

14 May 2011

Annual Report

Annual report for GCV Services Ltd. for FY-2011

pdf

Is GCV Services Ltd. worth buying?

1 Vote:

Buy 100.0%