IOCL Q2 PAT seen up 10.7% YoY to Rs. 4,543 cr: Sharekhan

Net Sales are expected to decrease by 0.2 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 1,31,820 crore, according to Sharekhan.

Moneycontrol News

October 16, 2019 / 15:58 IST

Representative image: Pixabay

live

bselive
nselive

Volume

Todays L/H

Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects IOCL to report net profit at Rs. 4,543 crore up 10.7% year-on-year (up 26.3% quarter-on-quarter).

Net Sales are expected to decrease by 0.2 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 1,31,820 crore, according to Sharekhan.

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: Oct 16, 2019 03:58 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347