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.

Disclaimer:
The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Sections
Follow us on
Available On