Jan 12, 2017 01:12 PM IST IST | Source: Moneycontrol.com

HPCL Q3 PAT seen up 123.1% to Rs 1564.6 cr: Motilal Oswal

Net Sales are expected to increase by 2.9 percent Q-o-Q (down 0.4 percent Y-o-Y) to Rs 43258.9 crore, according to Motilal Oswal.

Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Oil & Gas sector. The brokerage house expects HPCL to report net profit at 1564.6 crore up 123.1% quarter-on-quarter.

Net Sales are expected to increase by 2.9 percent Q-o-Q (down 0.4 percent Y-o-Y) to Rs 43258.9 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 138.6 percent Q-o-Q (up 30.7 percent Y-o-Y) to Rs 2836.9 crore.

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