GAIL Q1 PAT seen up 22.5% YoY to Rs. 1,256.3 cr: KR Choksey

KR Choksey has come out with its first quarter (April-June’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects GAIL to report net profit at Rs. 1,256.3 crore up 22.5% year-on-year (up 26.5% quarter-on-quarter).

Net Sales are expected to increase by 36.2 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 15,541.2 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.5 percent Y-o-Y (up 33.9 percent Q-o-Q) to Rs. 2,269.7 crore.

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