HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 181 crore up 34.8% year-on-year (up 8.9% quarter-on-quarter).
Net Sales are expected to increase by 20 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,202 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25.3 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 288 crore.
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HDFC Securities Q4 Preview - Materials
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