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Last Updated : Jul 16, 2019 10:36 AM IST | Source: Moneycontrol.com

GAIL (India) Q1 PAT may dip 6.2% YoY to Rs. 1,181.1 cr: Kotak

Net Sales are expected to increase by 4.3 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 18,050.5 crore, according to Kotak.

 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Gas Utilities sector. The brokerage house expects GAIL (India) to report net profit at Rs. 1,181.1 crore down 6.2% year-on-year (down 11.4% quarter-on-quarter).


Net Sales are expected to increase by 4.3 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 18,050.5 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2 percent Y-o-Y (up 30.5 percent Q-o-Q) to Rs. 2,197.7 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.



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First Published on Jul 15, 2019 01:03 pm
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