GATI Q4 PAT may dip 35.3% YoY to Rs. 6 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 GATI to report net profit at Rs. 6 crore down 35.3% year-on-year (up 25.3% quarter-on-quarter).

Net Sales are expected to increase by 2.6 percent Y-o-Y (down 5.1 percent Q-o-Q) to Rs. 425.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.6 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 23.4 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.