Net Sales are expected to increase by 22.2 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 28,094.4 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects ONGC to report net profit at Rs. 6,559 crore up 30.8% year-on-year (down 20.6% quarter-on-quarter).
Net Sales are expected to increase by 22.2 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 28,094.4 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.9 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 15,389.5 crore.
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