Moneycontrol
Oct 12, 2017 11:56 AM IST | Source: Moneycontrol.com

TCS Q2 PAT seen up 3.7% QoQ to Rs. 6162.2 cr: Kotak

Net Sales are expected to increase by 3.4 percent Q-o-Q (up 4.4 percent Y-o-Y) to Rs. 30579.2 crore, according to Kotak.

TCS Q2 PAT seen up 3.7% QoQ to Rs. 6162.2 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Technology sector. The brokerage house expects TCS to report net profit at Rs. 6162.2 crore up 3.7% quarter-on-quarter (down 6.4% year-on-year).


Net Sales are expected to increase by 3.4 percent Q-o-Q (up 4.4 percent Y-o-Y) to Rs. 30579.2 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 8.8 percent Q-o-Q (down 0.6 percent Y-o-Y) to Rs. 8062.4 crore.


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