Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, Reliance Industries March quarter sales are expected to go up by 37.4% at Rs 79103.8 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up by 21.3% at Rs 5712.5 crore on YoY basis. Key Points In 4QFY11, the premium over Singapore GRM is likely to be less QoQ ($2.9/bbl in 4QFY11 vis-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!
