Gujarat Gas Q4 PAT may dip 22.8% YoY to Rs. 290 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Oil and Gas sector. The brokerage house Prabhudas_Oil & Gas expects Gujarat Gas to report net profit at Rs. 290 crore down 22.8% year-on-year (up 29.4% quarter-on-quarter).

Net Sales are expected to decrease by 0.7 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 390 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.1 percent Y-o-Y (up 24.3 percent Q-o-Q) to Rs. 500 crore.

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