TCI Q3 PAT may dip 16.2% YoY to Rs. 69 cr: Sharekhan

Sharekhan has come out with its third quarter (October-December’ 22) earnings estimates for the Logistics sector. The brokerage house expects TCI to report net profit at Rs. 69 crore down 16.1% year-on-year (down 5.1% quarter-on-quarter).

Net Sales are expected to increase by 10.1 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 922 crore, according to Sharekhan.

Earnings before interest, tax, depreciation and amortisation (OPM) are likely to fall by 176 percent Y-o-Y (up 98 percent Q-o-Q) to Rs. 11.3 crore.

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