Oil India Q1 PAT seen up 264.1% YoY to Rs. 1,853.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Oil & Gas sector. The brokerage house expects Oil India to report net profit at Rs. 1,853.8 crore up 264.1% year-on-year (up 10.2% quarter-on-quarter).

Net Sales are expected to increase by 88.2 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs. 5,657.9 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 129 percent Y-o-Y (up 44.2 percent Q-o-Q) to Rs. 2,823.3 crore.

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