Reliance industries (Consolidated) Q4 PAT seen up 10% YoY to Rs. 10,338 cr: Kotak

Net Sales are expected to increase by 35 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 158,057.6 crore, according to Kotak.

April 10, 2019 / 04:23 PM 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 Reliance industries (Consolidated) to report net profit at Rs. 10,338 crore up 10% year-on-year (up 1% quarter-on-quarter).


Net Sales are expected to increase by 35 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 158,057.6 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 21,585.3 crore.


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