HPCL Q1 PAT may dip 23.7% YoY to Rs. 1,311.2 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects HPCL to report net profit at Rs. 1,311.2 crore down 23.7% year-on-year (up 55.9% quarter-on-quarter).

Net Sales are expected to decrease by 7.3 percent Y-o-Y (down 7.7 percent Q-o-Q) to Rs. 62,681 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 18.3 percent Y-o-Y (down 49.5 percent Q-o-Q) to Rs. 2,606.9 crore.

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