BPCL Q1 PAT seen up 175.5% YoY to Rs. 2,051 cr: HDFC

HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Materials sector. The brokerage house expects BPCL to report net profit at Rs. 2,051 crore up 175.5% year-on-year (down 23.3% quarter-on-quarter).

Net Sales are expected to increase by 38.7 percent Y-o-Y (up 21.4 percent Q-o-Q) to Rs. 79,224 crore, according to HDFC.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 159.8 percent Y-o-Y (down 14.5 percent Q-o-Q) to Rs. 3,182 crore.

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