HCL Technologies Q3 PAT seen up 2.3% QoQ to Rs. 2,598.4 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Information Technology sector. The brokerage house expects HCL Technologies to report net profit at Rs. 2,598.4 crore up 2.3% quarter-on-quarter (up 18.4% year-on-year).

Net Sales are expected to increase by 3.4 percent Q-o-Q (up 20 percent Y-o-Y) to Rs. 15,363.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.5 percent Q-o-Q (up 23.4 percent Y-o-Y) to Rs. 3,656.5 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.