Dolat Capital has come out with its third quarter (October-December) earnings estimates for the IT sector. The brokerage house expects Infosys to report a growth of 9.3 percent year-on-year in net profit at Rs 3143.6 crore.
Sales are expected to increase by 4.9 percent (Y-o-Y) to Rs 13667.6 crore, according to Dolat Capital.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.6 percent Y-o-Y) to Rs 3539.9 crore.
Dolat Capital on Infosys:
Constant currency growth of 2.5 percent Q-o-Q and reported OPM gains on sustained investments.
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