KPIT Technologies Q1 PAT seen up 7.4% QoQ to Rs. 82 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 KPIT Technologies to report net profit at Rs. 82 crore up 7.4% quarter-on-quarter (up 52.3% year-on-year).

Net Sales are expected to increase by 6.4 percent Q-o-Q (up 18.2 percent Y-o-Y) to Rs. 1,029 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.4 percent Q-o-Q (up 58.1 percent Y-o-Y) to Rs. 126 crore.

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