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GAIL (India) Q1 PAT seen up 658.8% YoY to Rs 1,938.7 cr: Prabhudas Lilladher

Net Sales are expected to increase by 36.5 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs 16,493.6 crore, according to Prabhudas Lilladher.

July 12, 2021 / 10:18 AM IST
Answer: GAIL (Answer: GAIL twitter logo)

Answer: GAIL (Answer: GAIL twitter logo)

 
 
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Prabhudas Lilladher has come out with its first quarter (April-June’ 21) earnings estimates for the Oil & Gas sector. The brokerage house expects GAIL (India) to report net profit at Rs 1,938.7 crore up 658.8% year-on-year (up 1.6% quarter-on-quarter).


Net Sales are expected to increase by 36.5 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs 16,493.6 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 339.6 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs 2,736.9 crore.


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