KR Choksey has come out with its first quarter (April-June�� 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Indraprastha Gas to report net profit at Rs. 178 crore up 10.2% year-on-year (up 12.2% quarter-on-quarter).
Net Sales are expected to increase by 25.9 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 1,320.6 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.9 percent Y-o-Y (up 10.7 percent Q-o-Q) to Rs. 304.8 crore.
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Read More First Published on Jul 22, 2018 07:32 pm
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