Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Oil & Gas sector. The brokerage house expects GAIL to report net profit at 960.8 crore up 3.9% quarter-on-quarter.
Net Sales are expected to increase by 26.9 percent Q-o-Q (up 12.5 percent Y-o-Y) to Rs 15053.3 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.8 percent Q-o-Q (up 54.8 percent Y-o-Y) to Rs 1679.6 crore.
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