Moneycontrol
Last Updated : Jul 16, 2018 03:36 PM IST | Source: Moneycontrol.com

Persistent Q1 PAT seen up 13.8% QoQ to Rs. 83.9 cr: Edelweiss

Net Sales are expected to increase by 8.5 percent Q-o-Q (up 12.1 percent Y-o-Y) to Rs. 816.3 crore, according to Edelweiss.

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Edelweiss has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects Persistent to report net profit at Rs. 83.9 crore up 13.8% quarter-on-quarter (up 11.7% year-on-year).


Net Sales are expected to increase by 8.5 percent Q-o-Q (up 12.1 percent Y-o-Y) to Rs. 816.3 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.9 percent Q-o-Q (up 26.5 percent Y-o-Y) to Rs. 132 crore.


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First Published on Jul 13, 2018 12:43 pm
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