Container Corp Q4 PAT may dip 5.7% YoY to Rs. 277.6 cr: ICICI Direct

Net Sales are expected to increase by 22.1 percent Y-o-Y (up 9.2 percent Q-o-Q) to Rs. 9.2 crore, according to ICICI Direct.

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April 13, 2021 / 08:08 PM IST

Container Corporation of India | The company reported higher consolidated profit at Rs 234.3 crore in Q3FY21 against Rs 180.9 crore in Q3FY20, revenue rose to Rs 1,766.9 crore from Rs 1,544.7 crore YoY.

 
 
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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 Container Corp to report net profit at Rs. 277.6 crore down 5.7% year-on-year (up 16.7% quarter-on-quarter).

Net Sales are expected to increase by 22.1 percent Y-o-Y (up 9.2 percent Q-o-Q) to Rs. 9.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.4 percent Y-o-Y (up 16.9 percent Q-o-Q) to Rs. 434.6 crore.

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TAGS: #Brokerage Recos - Sector Report #Brokerage Results Estimates #Container Corp #earnings #ICICI Direct #logistics #Result Poll
first published: Apr 13, 2021 08:08 pm