With sharp decline in oil realisations, Cairn India is expected to report another dismal quarter. According to a CNBC-TV18 poll, net profit of Cairn India is seen at Rs 21.9 crore in Q4 compared to a loss of Rs 240.8 crore in corresponding quarter last fiscal.
Total income in January-March quarter is likely to be down 29.8 percent at Rs 1878.4 crore on annual basis. EBITDA is seen down 50.7 percent at Rs 388.1 crore and EBIDTA margin is seen at 20.7 percent against 29.4 percent (YoY).
Analysts polled by CNBC-TV18, expect sequentially stable volumes at 129.5 kb/d versus 128.4 kb/d in Q3FY16 and 132.9 kb/d in Q4FY15.
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