RIO DE JANEIRO, May 12 (Reuters) - Brazilian state-run

oil firm Petrobras posted on Monday a net profit of

35.2 billion reais ($6.21 billion) for the first quarter, up

48.6% from a year earlier.

Petrobras' adjusted earnings before interest, taxes,

depreciation and amortization (EBITDA) stood at 61 billion

reais, a 1.7% increase over the same period of 2024. Without

non-recurring effects, adjusted EBITDA stood at 62.3 billion

reais, Petrobras said.

Analysts polled by LSEG had expected a 62.9 billion real

EBITDA.

Net revenue for the firm rose 4.6% to 123.1 billion

reais, slightly below the 124.9 billion reais expected by

analysts.

Capex for the first quarter of this year came in at $4.1

billion.

($1 = 5.6699 reais)