Prabhudas Lilladher has come out with its first quarter (April-June’ 21) earnings estimates for the Oil & Gas sector. The brokerage house expects Aarti Industries to report net profit at Rs 129.6 crore up 59.2% year-on-year (down 3.8% quarter-on-quarter).
Net Sales are expected to increase by 24.7 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs 1,128.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33 percent Y-o-Y (down 5.9 percent Q-o-Q) to Rs 234 crore.
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