eClerx Q4 PAT seen up 14.8% QoQ to Rs 66 cr: Edelweiss

Net Sales are expected to increase by 2.5 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 348.2 crore, according to Edelweiss.

April 17, 2018 / 01:16 PM IST
 
 
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Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the IT sector. The brokerage house expects eClerx to report net profit at Rs. 66 crore up 14.8% quarter-on-quarter (down 11.8% year-on-year).


Net Sales are expected to increase by 2.5 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 348.2 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.5 percent Q-o-Q (down 8 percent Y-o-Y) to Rs. 94.1 crore.


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