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Aug 14, 2012, 05.24 PM IST

Essar Oil likely to post loss of Rs 725 cr in Q1

Essar Oil is set to declare its results for the quarter ended June 2012. Analysts on an average expect the company to report a net loss of Rs 725 crore as against profit of Rs 469 crore in a year ago period.

Source: CNBC-TV18
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Essar Oil is set to declare its results for the quarter ended June 2012. Analysts on an average expect the company to report a net loss of Rs 725 crore as against profit of Rs 469 crore in a year ago period. 


Sales are seen going up by 27% year-on-year to Rs 19,100 crore from Rs 15,024 crore. 


Earnings before interest, tax, depreciation and amortisation (EBITDA) are expected to fall sharply to Rs 44.5 crore from Rs 866 crore during the same period.


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