Castrol India Q4 PAT seen up 27% YoY to Rs. 230 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil, Gas & Consumable Fuels sector. The brokerage house expects Castrol India to report net profit at Rs. 230 crore up 27% year-on-year (up 9% quarter-on-quarter).

Net Sales are expected to increase by 13 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 1,047.3 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 29 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 353.7 crore.

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