Oil India Q4 PAT may dip 33.1% YoY to Rs. 579.9 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Oil India to report net profit at Rs. 579.9 crore down 33.1% year-on-year (down 53% quarter-on-quarter).

Net Sales are expected to increase by 1.2 percent Y-o-Y (down 13.7 percent Q-o-Q) to Rs. 3,034.1 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 44.3 percent Y-o-Y (down 24.1 percent Q-o-Q) to Rs. 1,155.5 crore.

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