Moneycontrol
Oct 12, 2017 01:14 PM IST | Source: Moneycontrol.com

Mphasis Q2 PAT seen up 0.4% QoQ to Rs. 187.9 cr: Kotak

Net Sales are expected to increase by 2.7 percent Q-o-Q (up 3.9 percent Y-o-Y) to Rs. 1577.4 crore, according to Kotak.

 
 
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Kotak has come out with its second quarter (July-September) earnings estimates for the Technology sector. The brokerage house expects Mphasis to report net profit at Rs. 187.9 crore up 0.4% quarter-on-quarter (down 10.8% year-on-year).


Net Sales are expected to increase by 2.7 percent Q-o-Q (up 3.9 percent Y-o-Y) to Rs. 1577.4 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 6.5 percent Q-o-Q (down 0.7 percent Y-o-Y) to Rs. 244.5 crore.


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