Container Corp Q4 PAT may dip 5.7% YoY to Rs. 277.6 cr: ICICI Direct

Net Sales are expected to increase by 22.1 percent Y-o-Y (up 9.2 percent Q-o-Q) to Rs. 9.2 crore, according to ICICI Direct.

April 05, 2021 / 10:49 AM IST
Container Corporation of India | The company reported higher consolidated profit at Rs 234.3 crore in Q3FY21 against Rs 180.9 crore in Q3FY20, revenue rose to Rs 1,766.9 crore from Rs 1,544.7 crore YoY.

Container Corporation of India | The company reported higher consolidated profit at Rs 234.3 crore in Q3FY21 against Rs 180.9 crore in Q3FY20, revenue rose to Rs 1,766.9 crore from Rs 1,544.7 crore YoY.

ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the Logistics sector. The brokerage house expects Container Corp to report net profit at Rs. 277.6 crore down 5.7% year-on-year (up 16.7% quarter-on-quarter).

Net Sales are expected to increase by 22.1 percent Y-o-Y (up 9.2 percent Q-o-Q) to Rs. 9.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.4 percent Y-o-Y (up 16.9 percent Q-o-Q) to Rs. 434.6 crore.

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