Indraprastha Gas Q4 PAT seen up 22.2% YoY to Rs. 213.5 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 213.5 crore up 22.2% year-on-year (up 7.8% quarter-on-quarter).

Net Sales are expected to increase by 21.5 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 1,475.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.4 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 333.4 crore.

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