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Coforge Q2 PAT seen up 35.9% QoQ to Rs. 168 cr: Prabhudas Lilladher

Net Sales are expected to increase by 9.1 percent Q-o-Q (up 38.2 percent Y-o-Y) to Rs. 1,594.5 crore, according to Prabhudas Lilladher.

October 05, 2021 / 03:48 PM IST
 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the IT sector. The brokerage house expects Coforge to report net profit at Rs. 168 crore up 35.9% quarter-on-quarter (up 39.2% year-on-year).


Net Sales are expected to increase by 9.1 percent Q-o-Q (up 38.2 percent Y-o-Y) to Rs. 1,594.5 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.7 percent Q-o-Q (up 35.3 percent Y-o-Y) to Rs. 227 crore.


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