Reliance Industries Q1 PAT may dip 12% YoY to Rs 8,581 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 Reliance Industries to report net profit at Rs 8,581 crore down 12% year-on-year (up 12.7% quarter-on-quarter).

Net Sales are expected to increase by 103.7 percent Y-o-Y (up 19.5 percent Q-o-Q) to Rs 1,02,739.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 81.2 percent Y-o-Y (up 26.7 percent Q-o-Q) to Rs 12,915.4 crore.

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