Net Sales are expected to increase by 15.6 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 613.4 crore, according to KR Choksey.
KR Choksey has come out with its first quarter (April-June’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Mahanagar Gas to report net profit at Rs. 114.2 crore down 8.1% year-on-year (up 9% quarter-on-quarter).
Net Sales are expected to increase by 15.6 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 613.4 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.7 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 193.7 crore.
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