Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Oil and Gas sector. The brokerage house expects BPCL to report net profit at Rs. 4840 crore down 25.3% year-on-year (up 42.4% quarter-on-quarter).
Net Sales are expected to decrease by 10.5 percent Y-o-Y (down 8.5 percent Q-o-Q) to Rs. 1,05,710 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 23.1 percent Y-o-Y (up 37.8 percent Q-o-Q) to Rs. 8,580 crore.
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