Blue Dart Q4 PAT may dip 33.9% YoY to Rs. 22.6 cr: ICICI Direct

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Logistics sector. The brokerage house expects Blue Dart to report net profit at Rs. 22.6 crore down 33.9% year-on-year (down 28.1% quarter-on-quarter).

Net Sales are expected to increase by 6 percent Y-o-Y (down 11.2 percent Q-o-Q) to Rs. 759.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 19.7 percent Y-o-Y (down 24.1 percent Q-o-Q) to Rs. 45.6 crore.

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