Jan 12, 2017 12:18 PM IST IST | Source: Moneycontrol.com
NIIT Tech Q3 PAT may dip 1.1% to Rs 71.2 cr: Motilal Oswal
Net Sales are expected to increase by 3.8 percent Q-o-Q (up 5.7 percent Y-o-Y) to Rs 717.5 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 NIIT Tech to report net profit at 71.2 crore down 1.1% quarter-on-quarter.
Net Sales are expected to increase by 3.8 percent Q-o-Q (up 5.7 percent Y-o-Y) to Rs 717.5 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.8 percent Q-o-Q (down 2.1 percent Y-o-Y) to Rs 120.9 crore.
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