KPIT Tech Q2 PAT seen up 18.9% QoQ to Rs. 98.2 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects KPIT Tech to report net profit at Rs. 98.2 crore up 18.9% quarter-on-quarter (up 62.7% year-on-year).

Net Sales are expected to increase by 6.2 percent Q-o-Q (up 17.6 percent Y-o-Y) to Rs. 1,077.1 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.9 percent Q-o-Q (up 46.9 percent Y-o-Y) to Rs. 132.5 crore.

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