Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Oil & Gas sector. The brokerage house expects BPCL to report net profit at Rs. 2,950 crore up 50.4% year-on-year (down 65.3% quarter-on-quarter).
Net Sales are expected to decrease by 11.1 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 1,05,930 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 36.8 percent Y-o-Y (down 53.6 percent Q-o-Q) to Rs. 5,990 crore.
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