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

Gateway Distriparks Q1 PAT seen up 11.8% YoY to Rs 25.1 cr: ICICI

Net Sales are expected to increase by 2.7 percent Q-o-Q (up 13.5 percent Y-o-Y) to Rs 315.3 crore, according to ICICI. Gateway Distriparks to report net profit at 12.7 crore up 11.8% year-on-year.

 
 
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ICICI has come out with its first quarter (April-June) earnings estimates for the Logistics sector. The brokerage house expects Gateway Distriparks to report net profit at 25.1 crore up 11.8% year-on-year (12.7% quarter-on-quarter).


Net Sales are expected to increase by 2.7 percent Q-o-Q (up 13.5 percent Y-o-Y) to Rs 315.3 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3 percent Q-o-Q (up 2.3 percent Y-o-Y) to Rs 63.1 crore.


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