Petronet LNG Q1 PAT seen up 23.9% YoY to Rs. 787.6 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Oil & Gas sector. The brokerage house expects Petronet LNG to report net profit at Rs. 787.6 crore up 23.9% year-on-year (up 5% quarter-on-quarter).

Net Sales are expected to increase by 60.3 percent Y-o-Y (up 23.5 percent Q-o-Q) to Rs. 13,778.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.4 percent Y-o-Y (up 5.9 percent Q-o-Q) to Rs. 1,238 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.