Patni Q3CY11 revenue seen up 4% at Rs 855 cr

11858 Investors following Patni Computer. Share this News with them.

0

Like this story, share it with millions of investors on M3

Patni Q3CY11 revenue seen up 4% at Rs 855 cr

Patni is to announce third quarter CY11 results. According to CNBC-TV18's estimates, the company's USD revenues are seen up 2.8% at USD 189 million versus USD 183.8 million.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ News and Notices about Patni Computer See interviews with Patni Computer Management See what other Experts & Brokerages are saying about Patni Computer See previous Results of Patni Computer

Patni Computer  is to announce third quarter CY11 results. According to CNBC-TV18's estimates, the company's USD revenues are seen up 2.8% at USD 189 million versus USD 183.8 million.

Its rupee revenue are seen up 4% at Rs 855 crore versus Rs 822 crore.

Its EBITDA is seen up at 13.5% versus 12.3%.

The company's estimates for PAT vary from Rs 60 crore to Rs 101 crore (versus 10.8 crore)

Some factor frorex loss, the others a gain. Some are also working with additional amortization

Q3 highlights:

Patni's revenue growth will be sluggish as margin improvement seems to be the primary focus of management. Rev growth has been sluggish for the past few qtrs

Margin improvement due to Re dep and reduction in integrated related expense

Hedge book at $272m (~37% of FY12e rev)

Watch for progress on integration with I-gate