HCL Tech Q4 PAT seen up 2.5% QoQ to Rs 2248.2 cr: Edelweiss

Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the IT sector. The brokerage house expects HCL Tech to report net profit at Rs. 2248.2 crore up 2.5% quarter-on-quarter (down 3.4% year-on-year).

Net Sales are expected to increase by 3.3 percent Q-o-Q (up 9.7 percent Y-o-Y) to Rs. 13227.7 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.3 percent Q-o-Q (up 16.7 percent Y-o-Y) to Rs. 3092.1 crore.

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