Container Corp Q1 PAT seen up 11.7% YoY to Rs. 284.7 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Logistics sector. The brokerage house expects Container Corp to report net profit at Rs. 284.7 crore up 11.7% year-on-year (up 10.9% quarter-on-quarter).

Net Sales are expected to increase by 11.5 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 2,015.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 459.6 crore.

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