HPCL Q3 PAT seen up 460.8% YoY to Rs. 970 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 6 percent Y-o-Y (up 16.1 percent Q-o-Q) to Rs. 1,03,060 crore, according to Prabhudas Lilladher.

Broker Research

January 12, 2024 / 12:11 IST

HPCL

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Oil & Gas sector. The brokerage house expects HPCL to report net profit at Rs. 970 crore up 460.8% year-on-year (down 81.1% quarter-on-quarter).

Net Sales are expected to decrease by 6 percent Y-o-Y (up 16.1 percent Q-o-Q) to Rs. 1,03,060 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 65.9 percent Y-o-Y (down 66.2 percent Q-o-Q) to Rs. 2,770 crore.

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Prabhudas_Oil & Gas

Broker Research

first published: Jan 12, 2024 11:57 am

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