Moneycontrol
Jan 12, 2017 06:14 PM IST | Source: Moneycontrol.com

Infosys Q3 PAT may dip 2% to Rs 3534.3 cr: KR Choksey

Net Sales are expected to be flat at Rs 17324.4 crore for Q-oQ (up 9 percent Y-o-Y), 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 Infosys to report net profit at 3534.3 crore down 2% quarter-on-quarter.


Net Sales are expected to be flat at Rs 17324.4 crore for Q-oQ (up 9 percent Y-o-Y), according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4 percent Q-o-Q (up 4 percent Y-o-Y) to Rs 4129.1 crore.

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