Moneycontrol
Jul 20, 2017 07:03 PM IST | Source: Moneycontrol.com

E-Clerx Q1 PAT seen up 10.3% QoQ to Rs 82.5 cr: Edelweiss

Net Sales are expected to decrease by 1.6 percent Q-o-Q (down 4.1 percent Y-o-Y) to Rs 326.2 crore, according to Edelweiss. e-Clerx to report net profit at 82.5 crore up 10.3% quarter-on-quarter.

 
 
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Edelweiss has come out with its first quarter (April-June) earnings estimates for the Information Technology sector. The brokerage house expects e-Clerx to report net profit at 82.5 crore up 10.3% quarter-on-quarter (down 14.1% year-on-year).


Net Sales are expected to decrease by 1.6 percent Q-o-Q (down 4.1 percent Y-o-Y) to Rs 326.2 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.2 percent Q-o-Q (down 14.5 percent Y-o-Y) to Rs 107.6 crore.


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