Mercator Lines Q1 profit seen down at Rs 69.9 cr: Religare

Published on Sat, Jul 04, 2009 at 14:21 |  Source : Moneycontrol.com

Updated at Sat, Jul 04, 2009 at 16:18  

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Mercator Lines Q1 profit seen down at Rs 69.9 cr: Religare

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Religare Hichens Harrison Research has come out with its earning estimates on Shipping Sector for the quarter ended June 2009. According to the research firm, Mercator Lines ' June quarter sales are expected to go down by 5.6% to Rs 465.3 crore on YoY basis.

The company's net profit is expected to go down by 32.6% to Rs 69.9 crore on YoY basis.

  

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