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TCI Express Q4 PAT seen up 71.1% YoY to Rs. 32.5 cr: ICICI Direct

Net Sales are expected to increase by 15 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 273.6 crore, according to ICICI Direct.

April 05, 2021 / 10:48 AM IST
 
 
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ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the Logistics sector. The brokerage house expects TCI Express to report net profit at Rs. 32.5 crore up 71.1% year-on-year (down 3.2% quarter-on-quarter).

Net Sales are expected to increase by 15 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 273.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 66.1 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 44.3 crore.

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