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TCI Express Q4 PAT seen up 90.5% YoY to Rs 36.2 cr: YES Securities

Net Sales are expected to increase by 15 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs 273.6 crore, according to YES Securities.

April 16, 2021 / 05:16 PM IST
 
 
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YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Logistics sector. The brokerage house expects TCI Express to report net profit at Rs 36.2 crore up 90.5% year-on-year (up 7.7% quarter-on-quarter).


Net Sales are expected to increase by 15 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs 273.6 crore, according to YES Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 667.6 percent Y-o-Y (up 61.6 percent Q-o-Q) to Rs 48.9 crore.


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