Mahindra Log Q3 PAT may dip 7.6% YoY to Rs. 14.5 cr: ICICI Direct

Mahindra Log Q3 PAT may dip 7.6% YoY to Rs. 14.5 cr: ICICI Direct

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    ICICI Direct has come out with its third quarter (October-December' 20) earnings estimates for the Logistics & Liquor sector. The brokerage house expects Mahindra Log to report net profit at Rs. 14.5 crore down 7.6% year-on-year (down 2.5% quarter-on-quarter).


    Net Sales are expected to decrease by 3.4 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 876.7 crore, according to ICICI Direct.


    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9.1 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 38.6 crore.


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