Reliance Industries (Consolidated) Q3 PAT seen up 2% YoY to Rs. 9,627 cr: Kotak

Net Sales are expected to increase by 39 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 1,38,890.7 crore, according to Kotak.

January 09, 2019 / 06:43 PM IST
Reliance General Insurance guilty of 'unfair trade practices ...
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Reliance General Insurance guilty of 'unfair trade practices'; directed to pay around Rs 35,000 to man

Reliance General Insurance guilty of 'unfair trade practices ... DNA India Reliance General Insurance guilty of 'unfair trade practices'; directed to pay around Rs 35,000 to man

 
 
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Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Oil, Gas & Consumable Fuel sector. The brokerage house expects Reliance Industries (Consolidated) to report net profit at Rs. 9,627 crore up 2% year-on-year (up 1% quarter-on-quarter).


Net Sales are expected to increase by 39 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 1,38,890.7 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 21,319.4 crore.


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