Net Sales are expected to increase by 23.5 percent Y-o-Y (down 5.9 percent Q-o-Q) to Rs. 3,522.3 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 Oil India to report net profit at Rs. 760.3 crore up 7.8% year-on-year (down 11.8% quarter-on-quarter).
Net Sales are expected to increase by 23.5 percent Y-o-Y (down 5.9 percent Q-o-Q) to Rs. 3,522.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.5 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 1,414.8 crore.
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