Gujarat State Petronet Q4 PAT seen up 42.8% YoY to Rs. 181.3 cr: KR Choksey

KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Gujarat State Petronet to report net profit at Rs. 181.3 crore up 42.8% year-on-year (down 0.1% quarter-on-quarter).

Net Sales are expected to increase by 47.6 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 361.2 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.2 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 306.4 crore.

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