L&T Technology Services Q1 PAT seen up 31.8% QoQ to Rs. 209.7 cr: Edelweiss

Edelweiss has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects L&T Technology Services to report net profit at Rs. 209.7 crore up 31.8% quarter-on-quarter (up 114% year-on-year).

Net Sales are expected to increase by 4 percent Q-o-Q (up 33.3 percent Y-o-Y) to Rs. 1,096.7 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.8 percent Q-o-Q (up 45.8 percent Y-o-Y) to Rs. 183.3 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.