Net Sales are expected to decrease by 0.7 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 86,598.8 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Oil & Gas sector. The brokerage house expects Reliance Industries to report net profit at Rs. 8,478.5 crore down 2.5% year-on-year (down 5% quarter-on-quarter).
Net Sales are expected to decrease by 0.7 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 86,598.8 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.4 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 14,277.6 crore.
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