Moneycontrol
Jul 20, 2017 07:32 PM IST | Source: Moneycontrol.com

Blue Dart Q1 PAT may dip 18.6% YoY to Rs 35.9 cr: ICICI

Net Sales are expected to decrease by 0.8 percent Q-o-Q (up 8 percent Y-o-Y) to Rs 671.1 crore, according to ICICI. Blue Dart to report net profit at 35.9 crore down 18.6% year-on-year.

Blue Dart Q1 PAT may dip 18.6% YoY to Rs 35.9 cr: ICICI

ICICI has come out with its first quarter (April-June) earnings estimates for the Logistics sector. The brokerage house expects Blue Dart to report net profit at 35.9 crore down 18.6% year-on-year (up 46.4% quarter-on-quarter).


Net Sales are expected to decrease by 0.8 percent Q-o-Q (up 8 percent Y-o-Y) to Rs 671.1 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.3 percent Q-o-Q (down 12.9 percent Y-o-Y) to Rs 67.1 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sections
Follow us on
Available On