KR Choksey has come out with its first quarter (April-June�� 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Petronet LNG to report net profit at Rs. 576.7 crore up 31.8% year-on-year (up 10.3% quarter-on-quarter).
Net Sales are expected to increase by 50.8 percent Y-o-Y (up 12.4 percent Q-o-Q) to Rs. 9,703.2 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.1 percent Y-o-Y (up 12.4 percent Q-o-Q) to Rs. 923.6 crore.
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Read More First Published on Jul 22, 2018 07:26 pm
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