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Coforge Q1 PAT may dip 11.2% QoQ to Rs. 200 cr: Motilal Oswal

Net Sales are expected to increase by 5.9 percent Q-o-Q (up 26.2 percent Y-o-Y) to Rs. 1,850 crore, according to Motilal Oswal.

July 08, 2022 / 12:33 PM IST
 
 
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Motilal Oswal has come out with its first quarter (April-June’ 22) earnings estimates for the IT sector. The brokerage house expects Coforge to report net profit at Rs. 200 crore down 11.2% quarter-on-quarter (up 41.7% year-on-year).

Net Sales are expected to increase by 5.9 percent Q-o-Q (up 26.2 percent Y-o-Y) to Rs. 1,850 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.9 percent Q-o-Q (up 48.7 percent Y-o-Y) to Rs. 250 crore.

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