NIIT Tech Q2 PAT seen up 12% QoQ to Rs. 96.1 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects NIIT Tech to report net profit at Rs. 96.1 crore up 12% quarter-on-quarter (up 43.2% year-on-year).

Net Sales are expected to increase by 8.6 percent Q-o-Q (up 21.5 percent Y-o-Y) to Rs. 895.4 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.2 percent Q-o-Q (up 26.5 percent Y-o-Y) to Rs. 150.5 crore.

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