Moneycontrol
Jan 12, 2017 06:12 PM IST | Source: Moneycontrol.com

HCL Tech Q3 PAT may dip 1.4% to Rs 1986.8 cr: KR Choksey

Net Sales are expected to increase by 1 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 11676.9 crore, according to KR Choksey.

 
 
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KR Choksey has come out with its third quarter (October-December) earnings estimates for the IT sector. The brokerage house expects HCL Tech to report net profit at 1986.8 crore down 1.4% quarter-on-quarter.


Net Sales are expected to increase by 1 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 11676.9 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 2281.5 crore.

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