Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Oil & Gas sector. The brokerage house expects Reliance Inds. to report net profit at 8002.1 crore up 3.9% quarter-on-quarter.
Net Sales are expected to increase by 7.6 percent Q-o-Q (up 13.3 percent Y-o-Y) to Rs 64098.2 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.4 percent Q-o-Q (up 16.6 percent Y-o-Y) to Rs 11972.5 crore.
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