PAT in line: In Q4FY2019 Oil India Limited's (OIL) operating profit stood at Rs. 1,079 crore (up 34.8% y-o-y; down 29.1% q-o-q), below our estimate of Rs. 1,183 crore, owing to higher-thanexpected other operating expenses (up 29% q-o-q) led by higher provisions. On operational front, net oil realisation stood at $61.8/bbl (down 4.9% y-o-y; down 7.4% q-o-q), in line with our estimate of $62/bbl. However, oil sales volumes...