Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Oil India to report net profit at Rs. 688 crore down 20.2% year-on-year (up 10.3% quarter-on-quarter).
Net Sales are expected to decrease by 11.9 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 3,299 crore, according to Sharekhan.
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Sharekhan Earnings Estimates - Consolidated
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