PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Oil & Gas sector. The brokerage house expects BPCL to report net profit at Rs. 4,860 crore up 43.2% year-on-year (up 102.9% quarter-on-quarter).
Net Sales are expected to decrease by 13.5 percent Y-o-Y (down 2.8 percent Q-o-Q) to Rs. 99,940 crore, according to PL Capital.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33.4 percent Y-o-Y (up 82.6 percent Q-o-Q) to Rs. 8,300 crore.
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