Moneycontrol PRO
HomeNewsBusinessEarningsCairn India Q1 net may fall 21.5% at Rs 3001.7 cr: Emkay

Cairn India Q1 net may fall 21.5% at Rs 3001.7 cr: Emkay

Emkay Equity Advisory expects Cairn India to report a 17 percent growth quarter-on-quarter (degrowth of 21.5 percent year-on-year) in net profit at Rs 3001.7 crore.

July 23, 2013 / 18:36 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Emkay Equity Advisory has come out with its first quarter (April-June) earnings estimates for oil & gas sector. The brokerage house expects Cairn India to report a 17 percent growth quarter-on-quarter (degrowth of 21.5 percent year-on-year) in net profit at Rs 3001.7 crore.

    Revenues are expected to decrease by 5.1 percent Q-o-Q (down 6.8 percent Y-o-Y) to Rs 4140 crore, according to Emkay Equity Advisory.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.9 percent Q-o-Q (down 22.5 percent Y-o-Y) to Rs 3351.9 crore.

    Emkay Equity Advisory report on Cairn India

    We expect sales of Rs 41.4 billion, decline of 5.1 percent Q-o-Q, EBIDTA at Rs33.5 billion growth of 15.9 percent Q-o-Q and PAT at Rs30 billion up 17 percent Q-o-Q.

    We model an average of 173kbpd of production during the quarter as against 168bpd in 4QFY13. And net realisation at $94/bbl considering 10 percent discount to Brent.

    first published: Jul 23, 2013 06:36 pm

    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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347