Moneycontrol
Last Updated : Jul 16, 2018 03:37 PM IST | Source: Moneycontrol.com

MCX Q1 PAT seen up 9.3% QoQ to Rs. 37 cr: HDFC Securities

Net Sales are expected to increase by 5.2 percent Q-o-Q (up 25.4 percent Y-o-Y) to Rs. 74 crore, according to HDFC Securities.

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HDFC Securities has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects MCX to report net profit at Rs. 37 crore up 9.3% quarter-on-quarter (up 41.9% year-on-year).


Net Sales are expected to increase by 5.2 percent Q-o-Q (up 25.4 percent Y-o-Y) to Rs. 74 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.7 percent Q-o-Q (up 101.1 percent Y-o-Y) to Rs. 26 crore.


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First Published on Jul 12, 2018 06:07 pm
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