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    HomeNewsBusinessEarningsGujarat State Petronet Q3 PAT seen up 43.1% YoY to Rs. 240 cr: Prabhudas Lilladher

    Gujarat State Petronet Q3 PAT seen up 43.1% YoY to Rs. 240 cr: Prabhudas Lilladher

    Net Sales are expected to increase by 19 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 410 crore, according to Prabhudas Lilladher.

    Broker Research
    January 12, 2024 / 12:10 IST
    Gujarat State Petronet

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    Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Oil & Gas sector. The brokerage house expects Gujarat State Petronet to report net profit at Rs. 240 crore up 43.1% year-on-year (down 54% quarter-on-quarter).

    Net Sales are expected to increase by 19 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 410 crore, according to Prabhudas Lilladher.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31 percent Y-o-Y (down 13.8 percent Q-o-Q) to Rs. 350 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Prabhudas_Oil & Gas

    Broker Research
    first published: Jan 12, 2024 11:37 am

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