Moneycontrol
Jan 12, 2017 06:05 PM IST IST | Source: Moneycontrol.com

Tech Mahindra Q3 PAT seen up 6% to Rs 681.9 cr: KR Choksey

Net Sales are expected to increase by 2 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 7317 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 Tech Mahindra to report net profit at 681.9 crore up 6% quarter-on-quarter.


Net Sales are expected to increase by 2 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 7317 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5 percent Q-o-Q (down 10 percent Y-o-Y) to Rs 864.2 crore.

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