Mahanagar Gas will be reporting its Q3 earnings tomorrow (February 9). Margins are expected to be good because the company retained benefits of cut in natural gas prices.
Revenues are expected to decline 12 percent while EBITDA is expected to go up by 9 percent. Margins are expected to see a big expansion; almost around 800 basis points. Profits could go by 6 percent.
CNBC-TV18’s Sonal Bhutra gets more details on what to expect from the numbers.
Watch video for more.
(Edited by : Bivekananda Biswas)