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Info Edge Q1 PAT seen up 13.1% QoQ to Rs. 64 cr: Edelweiss

Net Sales are expected to increase by 7.1 percent Q-o-Q (up 15.8 percent Y-o-Y) to Rs. 257.7 crore, according to Edelweiss.
Jul 13, 2018 / 11:54 AM IST
 
 
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Edelweiss has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects Info Edge to report net profit at Rs. 64 crore up 13.1% quarter-on-quarter (down 0.4% year-on-year).


Net Sales are expected to increase by 7.1 percent Q-o-Q (up 15.8 percent Y-o-Y) to Rs. 257.7 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.9 percent Q-o-Q (up 1.1 percent Y-o-Y) to Rs. 71.1 crore.


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