Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Technology sector. The brokerage house expects NIIT Tech to report net profit at Rs. 107 crore down 2.7% quarter-on-quarter (up 18.4% year-on-year).
Net Sales are expected to increase by 1 percent Q-o-Q (up 19.1 percent Y-o-Y) to Rs. 982.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 5 percent Q-o-Q (up 24 percent Y-o-Y) to Rs. 162.1 crore.
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PL - Consolidated Earnings Estimates
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