GAIL Q3 PAT seen up 879.7% YoY to Rs. 2,410 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Oil & Gas sector. The brokerage house expects GAIL to report net profit at Rs. 2,410 crore up 879.7% year-on-year (up 0.1% quarter-on-quarter).

Net Sales are expected to decrease by 7.4 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 32,780 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1,183.8 percent Y-o-Y (down 3.9 percent Q-o-Q) to Rs. 3,350 crore.

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