Transport Corp Q3 PAT seen up 64% YoY to Rs. 65.7 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Logistics sector. The brokerage house expects Transport Corp to report net profit at Rs. 65.7 crore up 64% year-on-year (down 3.9% quarter-on-quarter).

Net Sales are expected to increase by 4.6 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 747.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 30.9 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 98.7 crore.

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