Coforge Q4 PAT seen up 12.2% QoQ to Rs. 206 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 22) earnings estimates for the IT sector. The brokerage house expects Coforge to report net profit at Rs. 206 crore up 12.2% quarter-on-quarter (up 54.9% year-on-year).

Net Sales are expected to increase by 4.3 percent Q-o-Q (up 37.1 percent Y-o-Y) to Rs. 1,730.1 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12 percent Q-o-Q (up 59.5 percent Y-o-Y) to Rs. 338.4 crore.

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