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Last Updated : Apr 10, 2019 04:30 PM IST | Source: Moneycontrol.com

IOCL Q4 PAT seen up 46% YoY to Rs. 7,621.9 cr: Kotak

Net Sales are expected to increase by 20 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 141,093.2 crore, according to Kotak.

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Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil, Gas & Consumable Fuels sector. The brokerage house expects IOCL to report net profit at Rs. 7,621.9 crore up 46% year-on-year (up 963% quarter-on-quarter).


Net Sales are expected to increase by 20 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 141,093.2 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25 percent Y-o-Y (up 270 percent Q-o-Q) to Rs. 13,363.4 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.



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First Published on Apr 10, 2019 04:30 pm
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