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
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