KR Choksey has come out with its fourth quarter (Jan-March 18) earnings estimates for the Oil & Gas sector. The brokerage house expects HPCL to report net profit at Rs. 2,426.3 crore up 33.4% year-on-year (up 24.4% quarter-on-quarter).
Net Sales are expected to increase by 17.5 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 60,518.9 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.1 percent Y-o-Y (up 19.8 percent Q-o-Q) to Rs. 3,782.6 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.