Net Sales are expected to increase by 28 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 77,663.2 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 HPCL to report net profit at Rs. 3,034.2 crore up 74% year-on-year (up 1126% quarter-on-quarter).
Net Sales are expected to increase by 28 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 77,663.2 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 76 percent Y-o-Y (up 434 percent Q-o-Q) to Rs. 5,145.6 crore.
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