Prabhudas Lilladher has come out with its earnings estimates on Petronet LNG for December quarter FY13. According to the research firm, the company's Q3FY13 sales are likely to go up by 29.5% at Rs 8196.3 crore, Year-On-Year (YoY) basis.
The company's net profit is seen up 1.7% at Rs 300.3 crore, YoY. The company is likely to see a slight uptick volumes on a QoQ basis. We expect term contract volumes during the quarter to stand at 93TBTU, spot volumes at 28TBTU and tolling volumes at 18TBTUs. EBITDA/TBTU is likely to decline QoQ to Rs37.5/TBTU from Rs38.4/TBTU on account of higher gas cost during the quarter.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
