Gujarat Gas Q1 PAT may dip 13% YoY to Rs. 414.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Oil & Gas sector. The brokerage house expects Gujarat Gas to report net profit at Rs. 414.3 crore down 13% year-on-year (down 6.8% quarter-on-quarter).

Net Sales are expected to increase by 43.6 percent Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 4,324.3 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9.9 percent Y-o-Y (down 6.6 percent Q-o-Q) to Rs. 651.1 crore.

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