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Last Updated : Jul 16, 2019 10:33 AM IST | Source: Moneycontrol.com

Petronet LNG Q1 PAT may dip 1.1% YoY to Rs. 580.6 cr: Kotak

Net Sales are expected to decrease by 5.2 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 8,690.2 crore, according to Kotak.

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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Gas Utilities sector. The brokerage house expects Petronet LNG to report net profit at Rs. 580.6 crore down 1.1% year-on-year (up 10.3% quarter-on-quarter).


Net Sales are expected to decrease by 5.2 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 8,690.2 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.8 percent Y-o-Y (up 13.8 percent Q-o-Q) to Rs. 927.4 crore.


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First Published on Jul 15, 2019 01:33 pm
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