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Last Updated : Oct 09, 2019 05:39 PM IST | Source: Moneycontrol.com

Cyient Q2 PAT seen up 31.3% QoQ to Rs. 118.5 cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.7 percent Q-o-Q (down 4 percent Y-o-Y) to Rs. 1,140 crore, according to Prabhudas Lilladher.

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Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects Cyient to report net profit at Rs. 118.5 crore up 31.3% quarter-on-quarter (down 6.8% year-on-year).


Net Sales are expected to increase by 4.7 percent Q-o-Q (down 4 percent Y-o-Y) to Rs. 1,140 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to up by 1.8 percent Q-o-Q (down 9.6 percent Y-o-Y) to Rs. 147.1 crore.


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First Published on Oct 9, 2019 05:39 pm
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