Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Technology sector. The brokerage house expects L&T Technology Services to report net profit at Rs. 203.8 crore up 5.9% quarter-on-quarter (up 2.9% year-on-year).
Net Sales are expected to increase by 3.4 percent Q-o-Q (up 20.6 percent Y-o-Y) to Rs. 1,389.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2 percent Q-o-Q (up 29.6 percent Y-o-Y) to Rs. 254.2 crore.
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PL - Consolidated Earnings Estimates
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