NIIT Technologies Q3 PAT seen up 8.3% QoQ to Rs. 121.1 cr: Dolat Capital

Dolat Capital has come out with its third quarter (October-December’ 18) earnings estimates for the Information Technology sector. The brokerage house expects NIIT Technologies to report net profit at Rs. 121.1 crore up 8.3% quarter-on-quarter (up 60.2% year-on-year).

Net Sales are expected to increase by 5.9 percent Q-o-Q (up 27 percent Y-o-Y) to Rs. 960.9 crore, according to Dolat Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6 percent Q-o-Q (up 41.5 percent Y-o-Y) to Rs. 139.3 crore.

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