RIL Q4 PAT seen down 25.4% at Rs 4012 cr: Emkay
Emkay has come out with its earnings estimates on Reliance Industries for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 25.3% at Rs 91095.2 crore, Year-on-Year (YoY) basis.
April 12, 2012 / 12:47 IST
Emkay Global Financial Services has come out with its earnings estimates on Reliance Industries for March quarter FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 25.3% at Rs 91095.2 crore, Year-on-Year (YoY) basis.
The company's net profit is seen down 25.4% at Rs 4012 crore, YoY.Emkay Global Financial Services estimates on Reliance Industries for Q4FY12:We expect RIL's revenue at Rs 910 billion, growth of 25.3% YoY. EBIDTA at Rs.63.7bn, decline of 35% YoY and PAT at Rs.40bn, decline of 25% YoY. We expect EBIDTA margin at 7%, down 156bps on QoQ. We expect Gross Refining Margin (GRM) at USD 6.6 per bbl for Q4FY12E. We have factored in gas production of 36.5mmscmd as against 40.9mmscmd in Q3FY12. Contraction in PAT despite reasonable revenue growth. Sequential decline in margin.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!
