eClerx Q1 PAT may dip 0.9% QoQ to Rs. 63.2 cr: Edelweiss

Net Sales are expected to increase by 0.7 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs. 363.5 crore, according to Edelweiss.

July 16, 2018 / 03:35 PM IST
Answer: Robots

Answer: Robots

 
 
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Edelweiss has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects eClerx to report net profit at Rs. 63.2 crore down 0.9% quarter-on-quarter (down 20.2% year-on-year).


Net Sales are expected to increase by 0.7 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs. 363.5 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.8 percent Q-o-Q (down 15.5 percent Y-o-Y) to Rs. 83.6 crore.


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