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ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the Logistics sector. The brokerage house expects United Brewerie to report net profit at Rs. 100.1 crore up 143% year-on-year (up 40.2% quarter-on-quarter).
Net Sales are expected to decrease by 3.1 percent Y-o-Y (up 7 percent Q-o-Q) to Rs. 1,380 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 44 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 190.4 crore.
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