Container Corporation Q2 PAT seen up 52.8% YoY to Rs. 241.2 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Infrastructure sector. The brokerage house expects Container Corporation to report net profit at Rs. 241.2 crore up 52.8% year-on-year (down 0.9% quarter-on-quarter).

Net Sales are expected to increase by 10.5 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 1523.6 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 47.7 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 337.9 crore.

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