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    HomeNewsBusinessEarningsGateway Distriparks Q2 PAT seen up 30% to Rs 30.2 cr: Kotak Sec.

    Gateway Distriparks Q2 PAT seen up 30% to Rs 30.2 cr: Kotak Sec.

    Net Sales are expected to increase by 1.8 percent Q-o-Q (up 8.6 percent Y-o-Y) to Rs 283.3 crore, according to Kotak Securities.

    October 14, 2016 / 18:11 IST
       
       
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      Kotak Securities has come out with its second quarter (July-September) earnings estimates for the Infrastructure sector. The brokerage house expects Gateway Distriparks to report net profit at Rs 30.2 crore, up 30.3 percent quarter-on-quarter.

      Net Sales are expected to increase by 1.8 percent Q-o-Q (up 8.6 percent Y-o-Y) to Rs 283.3 crore, according to Kotak Securities.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.6 percent Q-o-Q (up 0.5 percent Y-o-Y) to Rs 65.8 crore.

      Kotak Securities' report on Gateway DistriparksWe expect rail share gains from Tughlakabad ICD to drive yoy growth in revenues and direct port delivery to limit recovery in CFS operations.

      EBITDA margin will remain under pressure on weak overall demand.
      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: Oct 14, 2016 06:11 pm

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