HCL Tech Q4 net seen up 3.6% at Rs 1055.4 cr QoQ: Kotak Sec

Kotak Securities expects HCL Technologies to report a 3.6 percent growth quarter-on-quarter (growth of 25.4 percent year-on-year) in net profit at Rs 1055.4 crore.

July 30, 2013 / 17:46 IST

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Kotak Securities has come out with its first quarter (April-June) earnings estimates for the technology sector. The brokerage house expects HCL Technologies to report a 3.6 percent growth quarter-on-quarter (growth of 25.4 percent year-on-year) in net profit at Rs 1055.4 crore.

Revenues are expected to increase by 6.8 percent Q-o-Q (up 16 percent Y-o-Y) to Rs 6864.4 crore, according to Kotak Securities.

first published: Jul 30, 2013 05:46 pm

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