Jan 12, 2017 06:11 PM IST IST | Source: Moneycontrol.com

Wipro Q3 PAT may dip 1% to Rs 2045 cr: KR Choksey

Net Sales are expected to be flat at Rs 13766.8 crore for Q-oQ (up 7 percent Y-o-Y), 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 Wipro to report net profit at 2045 crore down 1% quarter-on-quarter.

Net Sales are expected to be flat at Rs 13766.8 crore for Q-oQ (up 7 percent Y-o-Y), according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2 percent Q-o-Q (down 6 percent Y-o-Y) to Rs 2240.2 crore.

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