Moneycontrol
Jul 20, 2017 07:05 PM IST | Source: Moneycontrol.com

Hexaware Q1 PAT seen up 1.1% QoQ to Rs 115.2 cr: Edelweiss

Net Sales are expected to increase by 0.2 percent Q-o-Q (up 10.7 percent Y-o-Y) to Rs 962.5 crore, according to Edelweiss. Hexaware to report net profit at 115.2 crore up 1.1% quarter-on-quarter.

Edelweiss has come out with its first quarter (April-June) earnings estimates for the Information Technology sector. The brokerage house expects Hexaware to report net profit at 115.2 crore up 1.1% quarter-on-quarter (15.3% year-on-year).

Net Sales are expected to increase by 0.2 percent Q-o-Q (up 10.7 percent Y-o-Y) to Rs 962.5 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.9 percent Q-o-Q (up 15.3 percent Y-o-Y) to Rs 156 crore.

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