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HomeNewsBusinessBlue Dart Expres Q4 PAT to Rs 84.8 cr: YES Securities

Blue Dart Expres Q4 PAT to Rs 84.8 cr: YES Securities

Net Sales are expected to increase by 50 percent Y-o-Y (up 5 percent Q-o-Q) to Rs 1,086.2 crore, according to YES Securities.

April 16, 2021 / 17:22 IST
Blue Dart Express | Company reported higher profit at Rs 42.33 crore in Q2FY21 against Rs 14.64 crore, revenue increased to Rs 866.57 crore from Rs 802.17 crore YoY. (Image: bluedart.com)
     
     
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    YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Logistics sector. The brokerage house expects Blue Dart Expres to report net profit at Rs 84.8 crore (down 0.8% quarter-on-quarter).

    Net Sales are expected to increase by 50 percent Y-o-Y (up 5 percent Q-o-Q) to Rs 1,086.2 crore, according to YES Securities.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1,381.4 percent Y-o-Y (down 77.3 percent Q-o-Q) to Rs 173.6 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.

    Broker Research
    first published: Apr 16, 2021 05:22 pm

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