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HomeNewsBusinessEarningsCairn India Q3FY13 sales likely to go up by 48% YoY: Angel

Cairn India Q3FY13 sales likely to go up by 48% YoY: Angel

Angel Broking has come out with its earnings estimates on Cairn India for December quarter FY13. According to the research firm, the company's Q3FY13 sales are likely to go up by 47.8% at Rs 4,576 crore, Year-On-Year (YoY) basis, mainly on account of increase in volumes.

January 08, 2013 / 12:41 IST
     
     
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    Angel Broking has come out with its earnings estimates on Cairn India for December quarter FY13. According to the research firm, the company's Q3FY13 sales are likely to go up by 47.8% at Rs 4,576 crore, Year-On-Year (YoY) basis, mainly on account of increase in volumes.

    The company's net profit is seen up 52.3% at Rs 2,986 crore, YoY. Operating income is expected to increase by 40.2% yoy. Its bottom-line is expected to increase by 52.3% mainly due to increase in operating income.

    first published: Jan 5, 2013 05:39 pm

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