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HomeNewsBusinessEarningsOil India Q4 PAT may dip 46% YoY to Rs. 467.1 cr: Kotak

Oil India Q4 PAT may dip 46% YoY to Rs. 467.1 cr: Kotak

Net Sales are expected to decrease by 11 percent Y-o-Y (down 24 percent Q-o-Q) to Rs. 2,656.9 crore, according to Kotak.

April 10, 2019 / 16:36 IST
     
     
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    Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil, Gas & Consumable Fuels sector. The brokerage house expects Oil India to report net profit at Rs. 467.1 crore down 46% year-on-year (down 62% quarter-on-quarter).

    Net Sales are expected to decrease by 11 percent Y-o-Y (down 24 percent Q-o-Q) to Rs. 2,656.9 crore, according to Kotak.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13 percent Y-o-Y (down 41 percent Q-o-Q) to Rs. 927 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.

    Moneycontrol News
    first published: Apr 10, 2019 04:36 pm

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