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Petronet LNG (NSE:PETRONET) Second Quarter 2023 Outcomes
Key Monetary Outcomes
- Income: ₹159.9b (up 48% from 2Q 2022).
- Web earnings: ₹7.86b (down 3.9% from 2Q 2022).
- Revenue margin: 4.9% (down from 7.6% in 2Q 2022). The lower in margin was pushed by increased bills.
- EPS: ₹5.24 (down from ₹5.45 in 2Q 2022).
All figures proven within the chart above are for the trailing 12 month (TTM) interval
Petronet LNG Revenues Beat Expectations, EPS Falls Quick
Income exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 1.6%.
Wanting forward, income is predicted to say no by 7.2% p.a. on common through the subsequent 3 years, whereas revenues within the Oil and Gasoline trade in India are anticipated to develop by 4.2%.
Efficiency of the Indian Oil and Gasoline trade.
The corporate’s share worth is broadly unchanged from per week in the past.
Threat Evaluation
What about dangers? Each firm has them, and we have noticed 1 warning signal for Petronet LNG it is best to learn about.
Valuation is complicated, however we’re serving to make it easy.
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