Tatneft's net profit to RAS down 39% in 9M to 104.6 bln rubles, profit for Q3 up 28% to 37.8 bln rubles

MOSCOW. Oct 27 (Interfax) - The net profit of Tatneft to Russian Accounting Standards (RAS) decreased 39% year-on-year in 9M 2025 to 104.6 billion rubles, according to the company's report.

As reported, Tatneft received 66.76 billion rubles in net profit to RAS in H1 2025. The company's net profit for Q3 therefore amounted to 37.84 billion rubles. This figure is 28.4% higher than the result for Q2 (29.47 billion rubles), but is 29.8% lower than the figure for Q3 2024 (53.93 billion rubles).

The quarterly result turned out to be higher than the consensus compiled by Interfax (34.55 billion rubles), with the forecast by Ekaterina Krylova from Promsvyazbank being the closest - 35.7 billion rubles.