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Last Updated : Jul 17, 2019 01:46 PM IST | Source: Moneycontrol.com

Adani Ports & Sez Q1 PAT seen up 131.4% YoY to Rs. 1,598 cr: Kotak

Net Sales are expected to increase by 28.9 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 3,108.9 crore, according to Kotak.

 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Transportation sector. The brokerage house expects Adani Ports & Sez to report net profit at Rs. 1,598 crore up 131.4% year-on-year (up 24.3% quarter-on-quarter).


Net Sales are expected to increase by 28.9 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 3,108.9 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.4 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 1,945 crore.


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First Published on Jul 17, 2019 01:46 pm
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