Bharat Petroleum Q4 PAT may dip 72.7% YoY to Rs. 3,261.6 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Oil & Gas sector. The brokerage house expects Bharat Petroleum to report net profit at Rs. 3,261.6 crore up 72.7% year-on-year (up 32.5% quarter-on-quarter).

Net Sales are expected to increase by 45.6 percent Y-o-Y (up 21.3 percent Q-o-Q) to Rs. 1,43,815.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.2 percent Y-o-Y (up 23.9 percent Q-o-Q) to Rs. 5,219.4 crore.

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