Oil India Q1 PAT may dip 366.7% YoY to Rs 414.1 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 21) earnings estimates for the Oil & Gas sector. The brokerage house expects Oil India to report net profit at Rs 414.1 crore down 366.7% year-on-year (down 58.1% quarter-on-quarter).

Net Sales are expected to increase by 69.6 percent Y-o-Y (up 14.6 percent Q-o-Q) to Rs 2,957 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 384.7 percent Y-o-Y (up 125.1 percent Q-o-Q) to Rs 955.8 crore.

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