Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsEssar Oil likely to post loss of Rs 725 cr in Q1

    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.

    August 14, 2012 / 17:24 IST

    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.

    first published: Aug 14, 2012 10:24 am

    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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347