Indraprastha Gas Q1 PAT seen up 789.7% YoY to Rs 283.2 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 21) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at Rs 283.2 crore up 789.7% year-on-year (down 26.7% quarter-on-quarter).

Net Sales are expected to increase by 98.8 percent Y-o-Y (down 25.7 percent Q-o-Q) to Rs 1,269.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 417.8 percent Y-o-Y (down 22.9 percent Q-o-Q) to Rs 432.1 crore.

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