Moneycontrol
Oct 12, 2017 01:03 PM IST | Source: Moneycontrol.com

Wipro Q2 PAT seen up 0.4% QoQ to Rs. 2084.6 cr: Kotak

Net Sales are expected to increase by 1.5 percent Q-o-Q (down 0.2 percent Y-o-Y) to Rs. 13860.2 crore, according to Kotak.

Wipro Q2 PAT seen up 0.4% QoQ to Rs. 2084.6 cr: Kotak
Wipro's Big Data Analytics-as-a-Service is now available on Microsoft Azure

Kotak has come out with its second quarter (July-September) earnings estimates for the Technology sector. The brokerage house expects Wipro to report net profit at Rs. 2084.6 crore up 0.4% quarter-on-quarter (0.8% year-on-year).


Net Sales are expected to increase by 1.5 percent Q-o-Q (down 0.2 percent Y-o-Y) to Rs. 13860.2 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 4 percent Q-o-Q (up 1 percent Y-o-Y) to Rs. 2810.9 crore.


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