GAIL (India) Q4 PAT seen up 45.3% YoY to Rs. 1,483.8 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Gas Utilities sector. The brokerage house expects GAIL (India) to report net profit at Rs. 1,483.8 crore up 45.3% year-on-year (down 11.7% quarter-on-quarter).

Net Sales are expected to increase by 25.8 percent Y-o-Y (down 1.4 percent Q-o-Q) to Rs. 19,511.4 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.2 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 2,292.7 crore.

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