Dolat Capital has come with its September '12 quarterly earning estimates for IT sector. The research firm expects stocks in their coverage universe to report 3-5% sequential growth in constant currency revenues with some notable exceptions (Infy/Wipro – both consolidating their priorities) in wake of relative recovery in decision making cycle and thus the swift execution of the contracts/pipeline.
Company | Sales (Rs Mn) | PAT (Rs mn) | ||||
Q2FY13E | QoQ % | YoY % | Q2FY13E | QoQ % | YoY % | |
TCS | 157,470 | 5.9 | 35.4 | 34,722 | 5.8 | 41 |
Infosys | 101,295 | 5.3 | 25.1 | 25,324 | 10.6 | 32.9 |
Wipro | 108,222 | 1.6 | 19 | 15,259 | 2.3 | 17.4 |
HCL Tech | 62,272 | 5.2 | 33.9 | 8,282 | -3 | 66.7 |
Mphasis | 14,060 | 3.8 | 7 | 2,137 | 2.4 | 16.8 |
TechMahindra | 16,497 | 6.9 | 23.7 | 3,230 | -4.6 | 34.4 |
OFSS | 9,790 | 3.5 | 29.5 | 3,193 | -13.2 | 53 |
Mindtree | 5,863 | 4.1 | 28.4 | 651 | -5.6 | 17.5 |
Persistent | 3,177 | 5.6 | 33.4 | 421 | 1.2 | 29.9 |
KPITCummins | 5,639 | 4.7 | 73.5 | 536 | 4.4 | 46.8 |
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