Net Sales are expected to increase by 17.1 percent Y-o-Y (up 10.6 percent Q-o-Q) to Rs. 25,432.4 crore, according to KR Choksey.
KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects ONGC to report net profit at Rs. 7149.5 crore up 64.7% year-on-year (up 42.6% quarter-on-quarter).
Net Sales are expected to increase by 17.1 percent Y-o-Y (up 10.6 percent Q-o-Q) to Rs. 25,432.4 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 170 percent Y-o-Y (up 12.3 percent Q-o-Q) to Rs. 12,263.4 crore.
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