Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 297 crore up 58.7% year-on-year (up 36.1% quarter-on-quarter).
Net Sales are expected to increase by 21.1 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 1,722 crore, according to Sharekhan.
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Sharekhan Earnings Estimates - Consolidated
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