Net Sales are expected to decrease by 2.2 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 170.7 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 Gujarat Pipavav to report net profit at Rs. 57.7 crore down 12.9% year-on-year (up 15.3% quarter-on-quarter).
Net Sales are expected to decrease by 2.2 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 170.7 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9.2 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 104.1 crore.
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