MRPL Q3 PAT seen up 171.2% to Rs 1128 cr: Motilal Oswal

Net Sales are expected to increase by 17.2 percent Q-o-Q (up 32.4 percent Y-o-Y) to Rs 11676 crore, according to Motilal Oswal.

January 12, 2017 / 13:17 IST

live

bselive
nselive

Volume

Todays L/H

Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Oil & Gas sector. The brokerage house expects MRPL to report net profit at 1128 crore up 171.2% quarter-on-quarter.

Net Sales are expected to increase by 17.2 percent Q-o-Q (up 32.4 percent Y-o-Y) to Rs 11676 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 159 percent Q-o-Q (up 166.2 percent Y-o-Y) to Rs 1617.3 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.

first published: Jan 12, 2017 10:14 am

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!

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