Petronet LNG Q4 PAT may dip 2.3% to Rs 390 cr: HDFC Securities

HDFC Securities has come out with its fourth quarter (January-March) earnings estimates for the Oil & Gas sector. The brokerage house expects Petronet LNG to report net profit at 390 crore down 2.3% quarter-on-quarter.

Net Sales are expected to decrease by 10.1 percent Q-o-Q (down 6.7 percent Y-o-Y) to Rs 5660 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.5 percent Q-o-Q (up 33.1 percent Y-o-Y) to Rs 610 crore.

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