Gujarat Gas Q3 PAT may dip 25.3% YoY to Rs. 280 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 Gujarat Gas to report net profit at Rs. 280 crore down 25.3% year-on-year (down 6.9% quarter-on-quarter).

Net Sales are expected to increase by 23.8 percent Y-o-Y (up 18.7 percent Q-o-Q) to Rs. 4,560 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.1 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 480 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.