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Last Updated : Oct 16, 2019 04:05 PM IST | Source: Moneycontrol.com

GAIL Q2 PAT may dip 23.3% YoY to Rs. 1,505 cr: Sharekhan

Net Sales are expected to decrease by 5.1 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 18,286 crore, according to Sharekhan.

Cuba | Cost per litre – Rs 6.38 | A fuel tanker is driven near a billboard with image of former Cuban leader Fidel Castro at the Cienfuegos Oil Refinery in Cuba. (Image: Reuters)
Cuba | Cost per litre – Rs 6.38 | A fuel tanker is driven near a billboard with image of former Cuban leader Fidel Castro at the Cienfuegos Oil Refinery in Cuba. (Image: Reuters)
 
 
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Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects GAIL to report net profit at Rs. 1,505 crore down 23.3% year-on-year (up 16.9% quarter-on-quarter).


Net Sales are expected to decrease by 5.1 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 18,286 crore, according to Sharekhan.


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First Published on Oct 16, 2019 04:05 pm
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