Jan 12, 2017 12:12 PM IST IST | Source: Moneycontrol.com
TCS Q3 PAT may dip 5.1% to Rs 6252.3 cr: Motilal Oswal
Net Sales are expected to increase by 0.6 percent Q-o-Q (up 7.6 percent Y-o-Y) to Rs 29452.9 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 TCS to report net profit at 6252.3 crore down 5.1% quarter-on-quarter.
Net Sales are expected to increase by 0.6 percent Q-o-Q (up 7.6 percent Y-o-Y) to Rs 29452.9 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.3 percent Q-o-Q (up 3.4 percent Y-o-Y) to Rs 8009.5 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.