Moneycontrol
Jan 11, 2017 06:21 PM IST | Source: Moneycontrol.com

Tech Mahindra Q3 PAT seen up 9.5% to Rs 706.3 cr: Motilal Oswal

Net Sales are expected to increase by 2.7 percent Q-o-Q (up 9.9 percent Y-o-Y) to Rs 7363.2 crore, according to Motilal Oswal

 
 
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Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Technology sector. The brokerage house expects Tech Mahindra to report net profit at 706.3 crore up 9.5% quarter-on-quarter.


Net Sales are expected to increase by 2.7 percent Q-o-Q (up 9.9 percent Y-o-Y) to Rs 7363.2 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.5 percent Q-o-Q (up 1.3 percent Y-o-Y) to Rs 1150.2 crore.

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