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Gujarat Pipavav Port Q1 PAT seen up 16.8% YoY to Rs. 55 cr: Kotak

Net Sales are expected to increase by 0.4 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 176.6 crore, according to Kotak.

July 17, 2019 / 02:34 PM IST
Representative image. (REUTERS)

Representative image. (REUTERS)

 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Transportation sector. The brokerage house expects Gujarat Pipavav Port to report net profit at Rs. 55 crore up 16.8% year-on-year (up 7.9% quarter-on-quarter).


Net Sales are expected to increase by 0.4 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 176.6 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.1 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 101.5 crore.


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