Oil India Q1 net profit seen up 4% at Rs 791 cr QoQ

Operationally, it will be a decent quarter for Oil India with Q-o-Q increase in both oil and gas production. Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to increase to Rs 1,042 crore in June quarter from Rs 880 crore in March quarter, according to a CNBC-TV18 poll.

August 13, 2013 / 11:33 IST

26 Aug, 2025 12:21

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State-owned Oil India will declare its April-June quarter earnings today. Analysts on an average expect net profit to rise 4 percent sequentially to Rs 791 crore in first quarter, but sales may fall 4.4 percent Q-o-Q to Rs 2,275 crore.

Operationally, it will be a decent quarter with Q-o-Q increase in both oil and gas production. Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to increase to Rs 1,042 crore in June quarter from Rs 880 crore in March quarter, according to a CNBC-TV18 poll.

Also Read - ONGC's Q1 net down 34% on higher cost, write-offs

Net realisation may decline sharply by 13 percent Y-o-Y and 15 percent Q-o-Q. Net realisation is expected to be USD 46 a barrel, down by USD 9.5 a barrel Q-o-Q.

Domestic crude output may increase by 2.6 percent Q-o-Q.

Volume and rupee depreciation will more than compensate for sharp decline in realizations, say analysts.

first published: Aug 13, 2013 11:33 am

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