Net Sales are expected to increase by 0.8 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 177.4 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Logistics sector. The brokerage house expects Gujarat Pipavav to report net profit at Rs. 53.4 crore up 13.4% year-on-year (up 4.9% quarter-on-quarter).
Net Sales are expected to increase by 0.8 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 177.4 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.8 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 98.5 crore.
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