Jan 12, 2017 01:12 PM IST IST | Source: Moneycontrol.com

Indraprastha Gas Q3 PAT may dip 7.3% to Rs 144 cr: Motilal Oswal

Net Sales are expected to decrease by 7.6 percent Q-o-Q (down 4.1 percent Y-o-Y) to Rs 888.9 crore, according to Motilal Oswal.

Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at 143.9 crore down 7.3% quarter-on-quarter.

Net Sales are expected to decrease by 7.6 percent Q-o-Q (down 4.1 percent Y-o-Y) to Rs 888.9 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.4 percent Q-o-Q (up 33 percent Y-o-Y) to Rs 246.1 crore.

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