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Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
Last Updated : Oct 09, 2019 01:19 PM IST | Source: Moneycontrol.com

NIIT Tech Q2 PAT seen up 17.5% QoQ to Rs. 120.1 cr: Motilal Oswal

Net Sales are expected to increase by 9.5 percent Q-o-Q (up 15.8 percent Y-o-Y) to Rs. 1,050.6 crore, according to Motilal Oswal.

 
 
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Motilal Oswal has come out with its second quarter (July-September’ 19) earnings estimates for the Technology sector. The brokerage house expects NIIT Tech to report net profit at Rs. 120.1 crore up 17.5% quarter-on-quarter (up 7.4% year-on-year).


Net Sales are expected to increase by 9.5 percent Q-o-Q (up 15.8 percent Y-o-Y) to Rs. 1,050.6 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.4 percent Q-o-Q (up 12.9 percent Y-o-Y) to Rs. 184.5 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Published on Oct 9, 2019 01:19 pm
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