Oil India Q4 profit seen down 23% on sharp fall in realisations

Profit is seen falling 22.8 percent to Rs 317 crore and revenue may decline 11.5 percent to Rs 2,071 crore compared to December quarter, according to analysts polled by CNBC-TV18.

May 26, 2016 / 18:00 IST

26 Aug, 2025 12:21

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State-run Oil India is expected to show dismal performance in Q4 due to a sharp over 20 percent sequential decline in net oil realisations and 7 percent fall in gas production (due to lower off-take from Brahmaputra Cracker (BCPL)). Earnings will be announced on May 27.

Profit is seen falling 22.8 percent to Rs 317 crore and revenue may decline 11.5 percent to Rs 2,071 crore compared to December quarter, according to analysts polled by CNBC-TV18.

Operating profit (EBIDTA - earnings before interest, tax, depreciation and amortisation) is likely to plunge 30.5 percent to Rs 523 crore and margin may contract 710 basis points to 25 percent on sequential basis.

first published: May 26, 2016 06:00 pm

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