HPCL Q1 PAT seen up 46.6% YoY to Rs. 1,356 cr: HDFC

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HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Materials sector. The brokerage house expects HPCL to report net profit at Rs. 1,356 crore up 46.6% year-on-year (down 22.4% quarter-on-quarter).

Net Sales are expected to increase by 36.9 percent Y-o-Y (up 20.4 percent Q-o-Q) to Rs. 73,215 crore, according to HDFC.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.8 percent Y-o-Y (down 14.9 percent Q-o-Q) to Rs. 2,487 crore.

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