Net Sales are expected to increase by 17.4 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 117,795 crore, according to HDFC Securities.
HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Indian Oil Corp to report net profit at Rs. 4,863 crore down 43.8% year-on-year (down 38.3% quarter-on-quarter).
Net Sales are expected to increase by 17.4 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 117,795 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.7 percent Y-o-Y (down 37.4 percent Q-o-Q) to Rs. 8,308 crore.
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