Mahanagar Gas Q4 PAT seen up 40.7% YoY to Rs. 147.4 cr: Kotak

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Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Gas Utilities sector. The brokerage house expects Mahanagar Gas to report net profit at Rs. 147.4 crore up 40.7% year-on-year (down 0.6% quarter-on-quarter).

Net Sales are expected to increase by 28.8 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 755.8 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 34.5 percent Y-o-Y (down 0.9 percent Q-o-Q) to Rs. 237 crore.

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