Indraprastha Gas Q3 PAT seen up 4% YoY to Rs. 189.2 cr: Kotak

Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Oil, Gas & Consumable Fuel sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 189.2 crore up 4% year-on-year (down 9% quarter-on-quarter).

Net Sales are expected to increase by 23 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 1,455.2 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 306.2 crore.

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