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Last Updated : Oct 10, 2019 05:14 PM IST | Source: Moneycontrol.com

Mahanagar Gas Q2 PAT seen up 28.8% YoY to Rs. 175.5 cr: ICICI Direct

Net Sales are expected to increase by 11.6 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 851.4 crore, according to ICICI Direct.

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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Mahanagar Gas to report net profit at Rs. 175.5 crore up 28.8% year-on-year (up 3.1% quarter-on-quarter).


Net Sales are expected to increase by 11.6 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 851.4 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.5 percent Y-o-Y (down 7.6 percent Q-o-Q) to Rs. 255.8 crore.


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First Published on Oct 10, 2019 05:14 pm
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