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Transport Corp Q4 PAT may dip 5.4% YoY to Rs. 30.9 cr: ICICI Direct

Net Sales are expected to increase by 15.8 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 700.8 crore, according to ICICI Direct.

April 15, 2019 / 05:03 PM IST
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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Logistics sector. The brokerage house expects Transport Corp to report net profit at Rs. 30.9 crore down 5.4% year-on-year (up 3.2% quarter-on-quarter).


Net Sales are expected to increase by 15.8 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 700.8 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 61.7 crore.


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