Container Corp Q1 PAT seen up 20% YoY to Rs. 248.2 cr: Kotak

Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Transportation sector. The brokerage house expects Container Corp to report net profit at Rs. 248.2 crore up 20% year-on-year (down 16.5% quarter-on-quarter).

Net Sales are expected to increase by 15.7 percent Y-o-Y (down 0.9 percent Q-o-Q) to Rs. 1,733.8 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 30.8 percent Y-o-Y (up 9.4 percent Q-o-Q) to Rs. 418.7 crore.

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