Moneycontrol PRO
Upcoming Event : Register for INTRAZON 3.0 India's Largest Retail Intraday Traders Online Conference

TCI Express Q4 PAT may dip 15.1% YoY to Rs. 36.2 cr: ICICI Direct

Net Sales are expected to increase by 8.7 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 304.1 crore, according to ICICI Direct.

April 12, 2022 / 10:05 AM IST
TCI Express | ICRA reaffirmed credit rating in respect of the company's commercial paper programme as A1+.

TCI Express | ICRA reaffirmed credit rating in respect of the company's commercial paper programme as A1+.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Logistics sector. The brokerage house expects TCI Express to report net profit at Rs. 36.2 crore down 15.1% year-on-year (up 2.9% quarter-on-quarter).

Net Sales are expected to increase by 8.7 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 304.1 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.5 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 48.7 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.

Broker Research