Petronet LNG Q4 PAT seen up 9.3% YoY to Rs. 571.1 cr: Kotak

Net Sales are expected to increase by 13.8 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 9,828.2 crore, according to Kotak.

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Gas Utilities sector. The brokerage house expects Petronet LNG to report net profit at Rs. 571.1 crore up 9.3% year-on-year (up 1% quarter-on-quarter).

Net Sales are expected to increase by 13.8 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 9,828.2 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.5 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 858.9 crore.

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