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Motilal Oswal expects Petronet LNG to report a 9.4 percent growth quarter-on-quarter (degrowth of 1 percent year-on-year) in net profit at Rs 268.2 crore.
Petronet LNG is banking high on its upcoming terminal in Kochi which is likely to be commissioned by July. In an interview with CNBC-TV18, RK Garg, director-finance at Petronet LNG said that initially it will cater to few customer and later when it gets connected to other two pipelines, volumes will pick up.
State-owned Petronet LNG is set to announce its fourth quarter (January-March) results today. According to CNBC-TV18 poll, analysts on an average expects its net profit to rise by 17.8 percent year-on-year (down 9.4 percent sequentially) to Rs 288.7 crore.
Prabhudas Lilladher has come out with its earnings estimates on Petronet LNG for December quarter FY13. According to the research firm, the company's Q3FY13 sales are likely to go up by 29.5% at Rs 8196.3 crore, Year-On-Year (YoY) basis.
Kotak Securities has come with its Dec'12 quarterly earning estimates for oil & Gas sector. The natural gas supply in India was lower due to delay in ramp-up of the N-Gas production from KG-D6 by RIL. This will not only negatively impact the performance of RIL but also impact gas-utility companies such as GSPL, GAIL, Guj Gas, says research firm.
In an interview to CNBC-TV18, R K Garg, director-finance, Petronet LNG gives his expectations of the company's performance.
Prabhudas Lilladher has come out with its earning estimates on oil & gas sector for the quarter ended December 2012. According to the research firm, supply-side pressures is expected to weigh on crude in FY14.
Dolat Capital has come with its December`12 quarterly earning estimates for oil & gas sector. According to research firm, volume growth is expected for Indraprastha Gas (IGL) and Petronet LNG. Gujarat Gas and GSPL are expected to report decline in volumes.
As the earnings season progresses, Bhavin Shah, CEO of Equirus Securities picks the big hits and misses after the Q2 results. According to Shah, Exide was a big miss and they have a short rating on the stock with a target price of Rs 129
Motilal Oswal has come out with its earnings estimates on oil and gas sector for September quarter FY13. According to the research firm, recent diesel price hike and limiting subsidized LPG cylinders will reduce under-recoveries.
KR Choksey has come out with its earnings estimates on oil and gas sector for September quarter FY13. According to the research firm, Falling gas output from KG-6 is major concern for the Gas sector, Gas transmission through pipelines are moving downward.
India's largest gas importer, Petronet LNG is likely to offer equity stakes for its Gangavaram project. Speaking about the project, Dr A Balyan CEO & MD of Petronet LNG told CNBC-TV18 that they have not received any formal request from RIL or BP for the project.
State-owned Petronet LNG is set to announce its results for the quarter ended June 2012. Analysts on an average expect the profit after tax to fall by 5.7% year-on-year and 1.3% quarter-on-quarter to Rs 242 crore in the quarter.
Emkay Global Financial Services has come with its June quarterly earning estimates for oil & gas sector. According to the research firm, Natural Gas universe likely to report revenue and profit growth of 5% and 24.7% QoQ, respectively, primarily driven by higher realization across all the segments.
Dolat Capital has come with its June quarterly earning estimates for oil & gas sector. According to the research firm, gas space revenue is expected to grow by 35% on a YoY basis, mainly due to increase in realizations.
Petronet LNG is expected to report a growth of 41.5% YoY in its net profit of Rs 292 crore for the quarter ended March 2012 on account of higher volumes and charges, according to CNBC-TV18 poll. The company had posted net profit at Rs 206.3 crore in a year ago period.
Speaking to CNBC-TV18, Dr A Balyan, chief executive officer and managing director of Petronet LNG says this quarter is the highest ever quarterly output volume the company has recorded, as also the profit.
Petronet LNG is expected to report a profit after tax of Rs 265 crore in the third quarter of FY12, a massive growth of 55% as compared to Rs 170.8 crore in a year ago quarter.
Motilal Oswal has come with its December quarterly earning estimates for Oil and Gas sector. According to the research firm, for Q3FY12, under-recoveries are expected to increase 56% QoQ to INR336b, led by high oil prices, increased international diesel prices and rupee depreciation.
Emkay Global Financial Services has come with its December quarterly earning estimates for Oil and Gas sector. According to the research firm, For Q3FY12, under-recoveries on sale of HSD, SKO and LPG have increased to Rs.300bn as against Rs.214bn in Q2FY12.
Petronet LNG is likely to report a fall of 7.2% QoQ in profit after tax of Rs 238 crore in the quarter ended September 2011. The company had posted profit of Rs 256.7 crore in previous quarter.
Motilal Oswal has come out with its earning estimates on Oil & Gas sector for the quarter ended September 2011. According to the research firm, Petronet LNG September quarter net sales are expected to go up by 69.6% at Rs 5185.1 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on Oil & Gas sector for the quarter ended September 2011. According to the research firm, Petronet LNG September quarter net sales are expected to go up by 70.3% at Rs 5206.6 crore, year-on-year, (YoY) basis.
The earnings' season so far has brought crucial results on display at the street, few lifting spirits and few dampening mood at the market. Jigar Shah, senios vice president and head of research at Kimeng Sec India analyses two stocks post the first quarter results.
A Balyan, chief executive officer and managing director, Petronet LNG in an interview withn CNBC-TV18 said, there has been steady growth in transfer for the capacity utilization of Dahej plant. In terms of volume the company has done 133 trillion BTUs and these have led to boost in performance.