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Chennai Petroleum Q4 PAT seen up 178.2% YoY to Rs. 475.2 cr: KR Choksey

Net Sales are expected to increase by 30 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 8,875.6 crore, according to KR Choksey.

April 23, 2018 / 11:07 AM IST
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KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Chennai Petroleum to report net profit at Rs. 475.2 crore up 178.2% year-on-year (up 23% quarter-on-quarter).


Net Sales are expected to increase by 30 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 8,875.6 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 200.4 percent Y-o-Y (up 14.1 percent Q-o-Q) to Rs. 950.9 crore.


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