Jan 11, 2017 06:18 PM IST IST | Source: Moneycontrol.com

Tata Elxsi Q3 PAT seen up 14.7% to Rs 49.4 cr: Motilal Oswal

Net Sales are expected to increase by 2.1 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 309.7 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 Tata Elxsi to report net profit at 49.4 crore up 14.7% quarter-on-quarter.

Net Sales are expected to increase by 2.1 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 309.7 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.8 percent Q-o-Q (up 16.6 percent Y-o-Y) to Rs 77.3 crore.

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