ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Logistics & Liquor sector. The brokerage house expects Container Corp to report net profit at Rs. 200.1 crore up 14% year-on-year (up 6.7% quarter-on-quarter).
Net Sales are expected to increase by 6.7 percent Y-o-Y (up 8.5 percent Q-o-Q) to Rs. 1,630.6 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 7.9 percent Q-o-Q) to Rs. 337.5 crore.
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