Net Sales are expected to decrease by 12.3 percent Y-o-Y (down 13 percent Q-o-Q) to Rs. 399.9 crore, according to ICICI Direct.
Moneycontrol News
@moneycontrolcom
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Logistics sector. The brokerage house expects GATI to report net profit at Rs. 7.8 crore up 39% year-on-year (down 5.8% quarter-on-quarter).
Net Sales are expected to decrease by 12.3 percent Y-o-Y (down 13 percent Q-o-Q) to Rs. 399.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.9 percent Y-o-Y to Rs. 26.2 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read MoreFirst Published on Jul 18, 2019 01:24 pm
