Infosys Q2 PAT seen up 3.7% QoQ to Rs. 3,936.7 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects Infosys to report net profit at Rs. 3,936.7 crore up 3.7% quarter-on-quarter (down 4.2% year-on-year).

Net Sales are expected to increase by 3.9 percent Q-o-Q (up 10 percent Y-o-Y) to Rs. 22,660.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.6 percent Q-o-Q (up 1.5 percent Y-o-Y) to Rs. 5,438.5 crore.

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