The company highlighted that oil and gas production declined in 1HFY22, primarily due to restrictive conditions created by cyclone Tauktae as well as the impact of COVID. Further delay in the mobilization of MOPU to the WO-16 Cluster project impacted production from this field. Gas production from the KG Basin (currently at 0.60.7mmscmd) continues to get delayed as international travel restrictions continue to impact logistics. As a result, the management has revised down its oil and gas guidance for FY22E to 22mmt/22bcm (from 23mmt/25bcm earlier). Our estimates were...