BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Petronet LNG Ltd. reported Q2 FY21 Ebitda and profit before tax of Rs 13.6 billion (our estimate Rs 10.2 billion; up 17% YoY) and Rs 12.4 billion (our estimate Rs 8.1 billion; up 30% YoY) respectively.
Profit after tax was at Rs 9.2 billion (down 21%YoY; our estimate Rs 6.0 billion) due to tax write back in Q2 FY20.
Operationally better results were due to record volumes, blended tariffs and inventory gains of Rs 700 million.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.