Jan 11, 2017 06:12 PM IST IST | Source: Moneycontrol.com

Mindtree‘s Q3 PAT seen up 11.6% to Rs 105.8 cr: Motilal Oswal

Net Sales are expected to increase by 0.3 percent Q-o-Q (up 7 percent Y-o-Y) to Rs 1299.5 crore, according to Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Technology sector. The brokerage house expects Mindtree to report net profit at 105.8 crore up 11.6% quarter-on-quarter.

Net Sales are expected to increase by 0.3 percent Q-o-Q (up 7.0 percent Y-o-Y) to Rs 1299.5 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.8 percent Q-o-Q (down 23.9 percent Y-o-Y) to Rs 163.3 crore.

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