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HomeNewsBusinessEarningsMahanagar Gas Q3 PAT seen up 54.2% YoY to Rs. 270 cr: Prabhudas Lilladher

Mahanagar Gas Q3 PAT seen up 54.2% YoY to Rs. 270 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 1,510 crore, according to Prabhudas Lilladher.

January 12, 2024 / 12:22 IST
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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 Mahanagar Gas to report net profit at Rs. 270 crore up 54.2% year-on-year (down 21.6% quarter-on-quarter).

    Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 1,510 crore, according to Prabhudas Lilladher.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 54 percent Y-o-Y (down 17.6 percent Q-o-Q) to Rs. 390 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 12:16 pm

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