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.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!
