Net Sales are expected to increase by 20 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 100,655.4 crore, according to Kotak.
Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil, Gas & Consumable Fuels sector. The brokerage house expects Reliance industries (Standalone) to report net profit at Rs. 8,616 crore down 1% year-on-year (down 3% quarter-on-quarter).
Net Sales are expected to increase by 20 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 100,655.4 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 14,005.2 crore.
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