Indian Oil Corporation Q4 PAT seen up 0.9% YoY to Rs. 5,265.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Indian Oil Corporation to report net profit at Rs. 5,265.3 crore up 0.9% year-on-year (up 634.6% quarter-on-quarter).

Net Sales are expected to increase by 8.5 percent Y-o-Y (down 9 percent Q-o-Q) to Rs. 127,395 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.9 percent Y-o-Y (up 184.2 percent Q-o-Q) to Rs. 10,258.7 crore.

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