Moneycontrol
Jan 12, 2017 06:17 PM IST IST | Source: Moneycontrol.com

TCS Q3 PAT may dip 2% to Rs 6463.2 cr: KR Choksey

Net Sales are expected to increase by 1 percent Q-o-Q (up 8 percent Y-o-Y) to Rs 29473.5 crore, according to KR Choksey.


KR Choksey has come out with its third quarter (October-December) earnings estimates for the IT sector. The brokerage house expects TCS to report net profit at 6463.2 crore down 2% quarter-on-quarter.


Net Sales are expected to increase by 1 percent Q-o-Q (up 8 percent Y-o-Y) to Rs 29473.5 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2 percent Q-o-Q (up 3 percent Y-o-Y) to Rs 7477 crore.

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