Infosys Q1 PAT may dip 0.7% QoQ to Rs. 3,749 cr: HDFC Securities

HDFC Securities has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects Infosys to report net profit at Rs. 3,749 crore down 0.7% quarter-on-quarter (up 6.1% year-on-year).

Net Sales are expected to increase by 5.1 percent Q-o-Q (up 11.2 percent Y-o-Y) to Rs. 18,996 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.4 percent Q-o-Q (up 9.6 percent Y-o-Y) to Rs. 4,998 crore.

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