Gujarat State Petronet's (GSPL) Q1FY19 revenue and EBITDA were a beat to our estimates, while PAT was a miss due to higher than expected interest cost and effective tax rate. Revenue increased 32% YoY to Rs3.9bn (IDBIest Rs3.6bn) led by strong volume growth 35.7% YoY to 36.5mmscmd while net implied tariff declined marginally 1.3%...