Moneycontrol
Jul 20, 2017 04:36 PM IST | Source: Moneycontrol.com

HCL Tech Q1 PAT may dip 10.1% q-o-q to Rs 2092.2 cr: Edelweiss

Net Sales are expected to increase by 1.2 percent Q-o-Q (up 7.7 percent Y-o-Y) to Rs 12203.3 crore, according to Edelweiss. HCL Tech to report net profit at 2092.2 crore down 10.1% quarter-on-quarter.

HCL Tech Q1 PAT may dip 10.1% q-o-q to Rs 2092.2 cr: Edelweiss

Edelweiss has come out with its first quarter (April-June) earnings estimates for the Information Technology sector. The brokerage house expects HCL Tech to report net profit at 2092.2 crore down 10.1% quarter-on-quarter.


Net Sales are expected to increase by 1.2 percent Q-o-Q (up 7.7 percent Y-o-Y) to Rs 12203.3 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1 percent Q-o-Q (up 4 percent Y-o-Y) to Rs 2621.2 crore.


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