Jan 12, 2017 01:17 PM IST IST | Source: Moneycontrol.com

MRPL Q3 PAT seen up 171.2% to Rs 1128 cr: Motilal Oswal

Net Sales are expected to increase by 17.2 percent Q-o-Q (up 32.4 percent Y-o-Y) to Rs 11676 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 MRPL to report net profit at 1128 crore up 171.2% quarter-on-quarter.

Net Sales are expected to increase by 17.2 percent Q-o-Q (up 32.4 percent Y-o-Y) to Rs 11676 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 159 percent Q-o-Q (up 166.2 percent Y-o-Y) to Rs 1617.3 crore.

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