L&T Tech Q1 PAT may dip 3.5% QoQ to Rs. 144 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 L&T Tech to report net profit at Rs. 144 crore down 3.5% quarter-on-quarter (up 47.1% year-on-year).

Net Sales are expected to increase by 5.3 percent Q-o-Q (up 35 percent Y-o-Y) to Rs. 1,111 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.4 percent Q-o-Q (up 38.8 percent Y-o-Y) to Rs. 174 crore.

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