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HomeNewsBusinessEarningsHexaware Q4 PAT seen up 5.4% QoQ to Rs 127.6 cr: Edelweiss

Hexaware Q4 PAT seen up 5.4% QoQ to Rs 127.6 cr: Edelweiss

Net Sales are expected to increase by 3.1 percent Q-o-Q (up 7.8 percent Y-o-Y) to Rs. 1035.5 crore, according to Edelweiss.

April 17, 2018 / 13:16 IST
Technicians work near the 140-ton aluminium sphere covered with metal plates, measuring 10 metres in diameter and is 10 centimetres thick, at the Megajoule Laser project, currently under construction at the CESTA (Centre d'Etudes Scientifiques et Techniques d'Aquitaine) in Le Barp southwestern France, July 27, 2010. Scientists will be able to simulate nuclear tests using amplified energy from 176 lasers which is directed at a target located inside the sphere, thus reproducing nuclear fusion under temperature conditions some 100 times higher than those found at the centre of the sun. REUTERS/Regis Duvignau (FRANCE - Tags: ENERGY SCI TECH) - RTR2GRXE
     
     
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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 Hexaware to report net profit at Rs. 127.6 crore up 5.4% quarter-on-quarter (up 12% year-on-year).

    Net Sales are expected to increase by 3.1 percent Q-o-Q (up 7.8 percent Y-o-Y) to Rs. 1035.5 crore, according to Edelweiss.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.2 percent Q-o-Q (up 3.6 percent Y-o-Y) to Rs. 168.1 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.

    Moneycontrol News
    first published: Apr 10, 2018 06:31 pm

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