Gujarat Pipavav Port Q2 PAT seen up 11.2% YoY to Rs. 66.1 cr: Kotak
Net Sales are expected to increase by 6.7 percent Y-o-Y (up 8.7 percent Q-o-Q) to Rs 183.7 crore, according to Kotak.
Kotak has come out with its second quarter (July-September) earnings estimates for the Infrastructure sector. The brokerage house expects Gujarat Pipavav Port to report net profit at Rs. 66.1 crore up 11.2% year-on-year (up 18.7% quarter-on-quarter).
Net Sales are expected to increase by 6.7 percent Y-o-Y (up 8.7 percent Q-o-Q) to Rs. 183.7 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 14.6 percent Y-o-Y (up 9 percent Q-o-Q) to Rs. 113 crore.
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