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Last Updated : Jul 20, 2017 07:32 PM IST | Source: Moneycontrol.com

Gateway Distriparks Q1 PAT seen up 11.8% YoY to Rs 25.1 cr: ICICI

Net Sales are expected to increase by 2.7 percent Q-o-Q (up 13.5 percent Y-o-Y) to Rs 315.3 crore, according to ICICI. Gateway Distriparks to report net profit at 12.7 crore up 11.8% year-on-year.

 
 
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ICICI has come out with its first quarter (April-June) earnings estimates for the Logistics sector. The brokerage house expects Gateway Distriparks to report net profit at 25.1 crore up 11.8% year-on-year (12.7% quarter-on-quarter).


Net Sales are expected to increase by 2.7 percent Q-o-Q (up 13.5 percent Y-o-Y) to Rs 315.3 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3 percent Q-o-Q (up 2.3 percent Y-o-Y) to Rs 63.1 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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First Published on Jul 15, 2017 04:09 pm
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