Tech Mahindra Q3 PAT seen up 6% to Rs 681.9 cr: KR Choksey

Net Sales are expected to increase by 2 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 7317 crore, according to KR Choksey.
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Home » News » Earnings » Brokerage Results Estimates

Jan 12, 2017, 06.05 PM | Source: Moneycontrol.com

Tech Mahindra Q3 PAT seen up 6% to Rs 681.9 cr: KR Choksey

Net Sales are expected to increase by 2 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 7317 crore, according to KR Choksey.

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Tech Mahindra Q3 PAT seen up 6% to Rs 681.9 cr: KR Choksey

Net Sales are expected to increase by 2 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 7317 crore, according to KR Choksey.

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, KRChoksey |

KR Choksey has come out with its third quarter (October-December) earnings estimates for the IT sector. The brokerage house expects Tech Mahindra to report net profit at 681.9 crore up 6% quarter-on-quarter.

Net Sales are expected to increase by 2 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 7317 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5 percent Q-o-Q (down 10 percent Y-o-Y) to Rs 864.2 crore.

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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.

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Tech Mahindra Q3 PAT seen up 6% to Rs 681.9 cr: KR Choksey

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