Container Corporation Q4 PAT may dip 9.2% YoY to Rs. 305 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Logistics sector. The brokerage house expects Container Corporation to report net profit at Rs. 305 crore down 9.2% year-on-year (up 5.5% quarter-on-quarter).

Net Sales are expected to increase by 9.4 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs. 1,472.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.8 percent Y-o-Y (up 7.8 percent Q-o-Q) to Rs. 279.8 crore.

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