Gateway Distriparks Q3 PAT seen up 9.5% YoY to Rs. 53 cr: Sharekhan

Sharekhan has come out with its third quarter (October-December’ 22) earnings estimates for the Logistics sector. The brokerage house expects Gateway Distriparks to report net profit at Rs. 53 crore up 9.5% year-on-year (down 10.9% quarter-on-quarter).

Net Sales are expected to increase by 7 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 374 crore, according to Sharekhan.

Earnings before interest, tax, depreciation and amortisation (OPM) are likely to fall by 54 percent Y-o-Y (down 47 percent Q-o-Q) to Rs. 26.2 crore.

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