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Last Updated : Oct 09, 2019 05:35 PM IST | Source: Moneycontrol.com

NIIT Tech Q2 PAT seen up 9.2% QoQ to Rs. 95.8 cr: Prabhudas Lilladher

Net Sales are expected to increase by 6.5 percent Q-o-Q (up 13 percent Y-o-Y) to Rs. 1,025.4 crore, according to Prabhudas Lilladher.

 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects NIIT Tech to report net profit at Rs. 95.8 crore up 9.2% quarter-on-quarter (down 14.3% year-on-year).


Net Sales are expected to increase by 6.5 percent Q-o-Q (up 13 percent Y-o-Y) to Rs. 1,025.4 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.4 percent Q-o-Q (down 2.7 percent Y-o-Y) to Rs. 158.9 crore.


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First Published on Oct 9, 2019 05:35 pm
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