HCL Technologies Q2 PAT seen up 13.2% QoQ to Rs. 2,722 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects HCL Technologies to report net profit at Rs. 2,722 crore up 13.2% quarter-on-quarter (up 24.4% year-on-year).

Net Sales are expected to increase by 5.7 percent Q-o-Q (up 18 percent Y-o-Y) to Rs. 14,672.4 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.4 percent Q-o-Q (up 24.4 percent Y-o-Y) to Rs. 3,432.9 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.