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    HomeNewsBusinessEarningsIOCL Q2 PAT may dip 76.6% YoY to Rs. 3,040 cr: PL Capital

    IOCL Q2 PAT may dip 76.6% YoY to Rs. 3,040 cr: PL Capital

    Net Sales are expected to increase by 1.7 percent Y-o-Y (down 5.4 percent Q-o-Q) to Rs. 1,82,790 crore, according to PL Capital.

    Broker Research
    October 10, 2024 / 14:59 IST
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    PL Capital has come out with its second quarter (July-September’ 24) earnings estimates for the Oil & Gas sector. The brokerage house expects IOCL to report net profit at Rs. 3,040 crore down 76.6% year-on-year (up 14.8% quarter-on-quarter).

    Net Sales are expected to increase by 1.7 percent Y-o-Y (down 5.4 percent Q-o-Q) to Rs. 1,82,790 crore, according to PL Capital.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 59.9 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 8,550 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.

    PL Capital_Oil & Gas

    Broker Research
    first published: Oct 10, 2024 02:59 pm

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