Reliance Industries (Standalone) Q3 PAT seen up 5% YoY to Rs. 8,886 cr: Kotak

Net Sales are expected to increase by 24 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 90,737.3 crore, according to Kotak.

January 09, 2019 / 06:42 PM IST
 
 
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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 (Standalone) to report net profit at Rs. 8,886 crore up 5% year-on-year.


Net Sales are expected to increase by 24 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 90,737.3 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 14,376 crore.


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