Indraprastha Gas Q3 PAT may dip 45.6% YoY to Rs. 210 cr: PL Capital

PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 210 crore down 45.6% year-on-year (down 50.4% quarter-on-quarter).

Net Sales are expected to decrease by 3.5 percent Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 3,430 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 37.2 percent Y-o-Y (down 34.5 percent Q-o-Q) to Rs. 350 crore.

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