Indraprastha Gas Q1 PAT seen up 5.2% YoY to Rs. 170 cr: HDFC

HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Materials sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 170 crore up 5.2% year-on-year (down 2.9% quarter-on-quarter).

Net Sales are expected to increase by 21.4 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 1,274 crore, according to HDFC.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.3 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 286 crore.

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