Last Updated : Jan 16, 2019 01:54 PM IST | Source: Moneycontrol.com

Mahanagar Gas Q3 PAT seen up 13.7% YoY to Rs. 141 cr: Prabhudas Lilladher

Net Sales are expected to increase by 23.1 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 715.8 crore, according to Prabhudas Lilladher.

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Mahanagar Gas | MFs' holdings each quarter: Sep - 8.75%, June - 5.34%, March - 3.91% | FIIs' holdings each quarter: Sep - 19.03%, June - 12.7%, March - 9.68% | YTD loss: 20.03% (Image: Company website)

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Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Mahanagar Gas to report net profit at Rs. 141 crore up 13.7% year-on-year (up 3.4% quarter-on-quarter).

Net Sales are expected to increase by 23.1 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 715.8 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.2 percent Y-o-Y to Rs. 221.4 crore.

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