Cyient Q4 PAT seen down 11.7% QoQ to Rs. 96.1 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Information Technology sector. The brokerage house expects Cyient to report net profit at Rs. 96.1 crore down 11.7% quarter-on-quarter (up 22.5% year-on-year).

Net Sales are expected to increase by 7 percent Q-o-Q (up 11.8 percent Y-o-Y) to Rs. 1,052.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.8 percent Q-o-Q (up 20.1 percent Y-o-Y) to Rs. 150 crore.

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