Info Edge Q4 PAT seen up 3.8% QoQ to Rs 73 cr: Edelweiss

Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the IT sector. The brokerage house expects Info Edge to report net profit at Rs. 73 crore up 3.8% quarter-on-quarter (up 122% year-on-year).

Net Sales are expected to increase by 8.6 percent Q-o-Q (up 18.3 percent Y-o-Y) to Rs. 246.6 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.5 percent Q-o-Q (up 30.4 percent Y-o-Y) to Rs. 82.4 crore.

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