L&T Technologies Services Q2 PAT may dip 17.1% QoQ to Rs. 164.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects L&T Technologies Services to report net profit at Rs. 164.3 crore down 17.1% quarter-on-quarter (up 33.6% year-on-year).

Net Sales are expected to increase by 7.8 percent Q-o-Q (up 37.9 percent Y-o-Y) to Rs. 1,241.9 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.8 percent Q-o-Q (up 58.2 percent Y-o-Y) to Rs. 217.3 crore.

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