Moneycontrol
Oct 12, 2017 03:24 PM IST | Source: Moneycontrol.com

HCL Technologies Q2 PAT may dip 0.2% QoQ to Rs. 2167.4 cr: Kotak

Net Sales are expected to increase by 4.3 percent Q-o-Q (up 10 percent Y-o-Y) to R.s 12672.8 crore, according to Kotak.

HCL Technologies Q2 PAT may dip 0.2% QoQ to Rs. 2167.4 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Technology sector. The brokerage house expects HCL Technologies to report net profit at Rs. 2167.4 crore down 0.2% quarter-on-quarter (up 7.6% year-on-year).


Net Sales are expected to increase by 4.3 percent Q-o-Q (up 10 percent Y-o-Y) to Rs. 12672.8 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 2.7 percent Q-o-Q (up 9.6 percent Y-o-Y) to Rs. 2752 crore.


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