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Polaris Soft Q3 net profit seen up at Rs 52.1 cr

Polaris Software is to announce its third quarter results. According to CNBC-TV18's estimates, the company's Q3FY11 revenues are seen up at Rs 397.37 crore versus Rs 388.84 crore, quarter-on-quarter, (QoQ).

January 19, 2011 / 13:00 IST
     
     
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    Polaris Software is to announce its third quarter results. According to CNBC-TV18's estimates, the company's Q3FY11 revenues are seen up at Rs 397.37 crore versus Rs 388.84 crore, quarter-on-quarter, (QoQ).


    Its EBIDTA is seen down at Rs 59.1 crore versus Rs 60.24 crore.


    Its net profit is seen up at Rs 52.1 crore versus Rs 48.15 crore.


    Q3FY11 expectations

    * Expect 5.4% QoQ growth in $ revenues, primarily volume-led
    * Expect 60 bps QoQ decline in margins on account of Re appreciation
    * Client acquisition pace and account mining remain the key; company needs to make its Intellect wins count by mining these accounts

    first published: Jan 19, 2011 12:58 pm

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