Hexaware Technologies Q4 PAT seen up 18% QoQ to Rs. 145.6 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the IT Services sector. The brokerage house expects Hexaware Technologies to report net profit at Rs. 145.6 crore up 18% quarter-on-quarter (up 20.2% year-on-year).

Net Sales are expected to increase by 1.5 percent Q-o-Q (up 26.6 percent Y-o-Y) to Rs. 1,271.7 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.4 percent Q-o-Q (up 21.3 percent Y-o-Y) to Rs. 193.9 crore.

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