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Transport Corp Q1 PAT seen up 14.8% YoY to Rs. 32.4 cr: ICICI Direct

Net Sales are expected to increase by 14.4 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 665.5 crore, according to ICICI Direct.

July 18, 2019 / 01:30 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Logistics sector. The brokerage house expects Transport Corp to report net profit at Rs. 32.4 crore up 14.8% year-on-year (down 25.8% quarter-on-quarter).


Net Sales are expected to increase by 14.4 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 665.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.2 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 63.2 crore.


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