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HomeNewsBusinessEarningsIOCL Q1 PAT seen up 23.2% YoY to Rs. 5,604.8 cr: KR Choksey

IOCL Q1 PAT seen up 23.2% YoY to Rs. 5,604.8 cr: KR Choksey

Net Sales are expected to increase by 30.3 percent Y-o-Y (up 17 percent Q-o-Q) to Rs. 137,329.5 crore, according to KR Choksey.

July 22, 2018 / 19:05 IST
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    KR Choksey has come out with its first quarter (April-June’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects IOCL to report net profit at Rs. 5,604.8 crore up 23.2% year-on-year (up 7.2% quarter-on-quarter).

    Net Sales are expected to increase by 30.3 percent Y-o-Y (up 17 percent Q-o-Q) to Rs. 137,329.5 crore, according to KR Choksey.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.2 percent Y-o-Y (down 1.9 percent Q-o-Q) to Rs. 10,815.9 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Jul 22, 2018 07:05 pm

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