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Last Updated : Jul 16, 2018 03:59 PM IST | Source: Moneycontrol.com

Transport Corp Q1 PAT seen up 71% YoY to Rs. 30.1 cr: ICICI Direct

Net Sales are expected to increase by 17.4 percent Y-o-Y (down 3.6 percent Q-o-Q) to Rs. 583.3 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Logistics sector. The brokerage house expects Transport Corp to report net profit at Rs. 30.1 crore up 71% year-on-year (down 7.7% quarter-on-quarter).


Net Sales are expected to increase by 17.4 percent Y-o-Y (down 3.6 percent Q-o-Q) to Rs. 583.3 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.6 percent Y-o-Y (down 8.3 percent Q-o-Q) to Rs. 55.4 crore.


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First Published on Jul 16, 2018 03:59 pm
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