RIL Q4 PAT seen up 24.7% at Rs 5282 cr: Angel Broking
Angel Broking has come out with its earnings estimates on Reliance Industries (RIL) for Q4FY2013. According to the research firm, the company's Q4FY13 sales are likely to go up by 8% at Rs 92,008 crore, Year-On-Year (YoY) basis.
April 16, 2013 / 16:30 IST
Angel Broking has come out with its earnings estimates on Reliance Industries (RIL) for Q4FY2013. According to the research firm, the company's Q4FY13 sales are likely to go up by 8% at Rs 92,008 crore, Year-On-Year (YoY) basis.
The company's net profit is seen up 24.7% at Rs 5282 crore, YoY.For RIL, expect the top-line to increase by 8.0% yoy on account of higher prices of petrochemicals. Its operating profit is expected to increase by 25.0% yoy which is expected to be partially offset by decline in production from the KG D6 block.Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
