Motilal Oswal has come out with its second quarter (July-September) earnings estimates for the technology sector. The brokerage house expects KPIT Tech to report net profit at Rs 47.1 crore, down 14.4 percent quarter-on-quarter.
Net Sales are expected to increase by 0.1 percent Q-o-Q (down 1 percent Y-o-Y) to Rs 803.9 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.9 percent Q-o-Q (down 21.5 percent Y-o-Y) to Rs 88.9 crore.
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