Net Sales are expected to increase by 3.5 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 700 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Logistics sector. The brokerage house expects Blue Dart to report net profit at Rs. 42.3 crore up 72.7% year-on-year (down 6.9% quarter-on-quarter).
Net Sales are expected to increase by 3.5 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 700 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 40.3 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 77 crore.
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