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    HomeNewsBusinessEarningsMahanagar Gas Q2 PAT may dip 7.8% YoY to Rs. 310 cr: PL Capital

    Mahanagar Gas Q2 PAT may dip 7.8% YoY to Rs. 310 cr: PL Capital

    Net Sales are expected to decrease by 4.1 percent Y-o-Y (down 5.2 percent Q-o-Q) to Rs. 1,510 crore, according to PL Capital.

    Broker Research
    October 10, 2024 / 14:59 IST
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    PL Capital has come out with its second quarter (July-September’ 24) earnings estimates for the Oil & Gas sector. The brokerage house expects Mahanagar Gas to report net profit at Rs. 310 crore down 7.8% year-on-year (up 9.8% quarter-on-quarter).

    Net Sales are expected to decrease by 4.1 percent Y-o-Y (down 5.2 percent Q-o-Q) to Rs. 1,510 crore, according to PL Capital.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 450 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    PL Capital_Oil & Gas

    Broker Research
    first published: Oct 10, 2024 02:59 pm

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