BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
IDBI Capital Report
Oil and Natural Gas Corporation Ltd.’s Q2 FY21 revenue and Ebitda was below our estimates due to higher than expected exploratory (dry) well costs, while net profit was above our forecast owing to lower than forecasted depreciation, depletion and amortisation and higher other income.
Total oil production fell by 2.7% to 5.7 million metric tonne whereas gas production fell by 6.2% to 5.9 billion cubic metre due to pandemic Covid-19.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR