L&T Technology Services Q4 PAT may dip 17.5% QoQ to Rs. 153.5 cr: Prabhudas Lilladher

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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Information Technology sector. The brokerage house expects L&T Technology Services to report net profit at Rs. 153.5 crore down 17.5% quarter-on-quarter (down 3.5% year-on-year).

Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 22.9 percent Y-o-Y) to Rs. 1,296 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.8 percent Q-o-Q (up 30 percent Y-o-Y) to Rs. 220.3 crore.

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