Container Corporation Q1 PAT seen up 12.6% YoY to Rs. 274.1 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Logistics sector. The brokerage house expects Container Corporation to report net profit at Rs. 274.1 crore up 12.6% year-on-year (down 6.6% quarter-on-quarter).

Net Sales are expected to increase by 6.1 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 1,546.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.9 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 313.8 crore.

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