Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, KPIT Cummins Infosystems December quarter sales are expected to go up by 4.2% to Rs 244.9 crore, Quarter-on-Quarter, (QoQ) basis.
The company's net profit is expected to go up by 15.9% at Rs 27.5 crore on QoQ basis.
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