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    HomeNewsBusinessEarningsContainer Corp Q3 PAT seen up 21.1% YoY to Rs. 288.2 cr: ICICI Direct

    Container Corp Q3 PAT seen up 21.1% YoY to Rs. 288.2 cr: ICICI Direct

    Net Sales are expected to increase by 12.8 percent Y-o-Y (up 8.5 percent Q-o-Q) to Rs. 1,978.6 crore, according to ICICI Direct.

    Broker Research
    January 19, 2022 / 12:03 IST
    Container Corporation Of India Ltd. | In the last five trading sessions, the counter has fallen 5 percent from Rs 713.95 to Rs 680.95 (Jun 8 to Jun 15). As on June 15, its market-cap stood at Rs 41,490 crore.

    Container Corporation Of India Ltd. | In the last five trading sessions, the counter has fallen 5 percent from Rs 713.95 to Rs 680.95 (Jun 8 to Jun 15). As on June 15, its market-cap stood at Rs 41,490 crore.

     
     
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    ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Logistics sector. The brokerage house expects Container Corp to report net profit at Rs. 288.2 crore up 21.1% year-on-year (up 9.1% quarter-on-quarter).

    Net Sales are expected to increase by 12.8 percent Y-o-Y (up 8.5 percent Q-o-Q) to Rs. 1,978.6 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25.6 percent Y-o-Y (up 9.5 percent Q-o-Q) to Rs. 467 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.

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    Broker Research
    first published: Jan 19, 2022 12:03 pm

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