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Last Updated : Oct 09, 2019 05:40 PM IST | Source: Moneycontrol.com

Persistent Q2 PAT may dip 2.8% QoQ to Rs. 80.2 cr: Prabhudas Lilladher

Net Sales are expected to increase by 5.6 percent Q-o-Q (up 5.2 percent Y-o-Y) to Rs. 878.6 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 Persistent to report net profit at Rs. 80.2 crore down 2.8% quarter-on-quarter (down 9.1% year-on-year).


Net Sales are expected to increase by 5.6 percent Q-o-Q (up 5.2 percent Y-o-Y) to Rs. 878.6 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to down by 1.3 percent Q-o-Q (down 17.5 percent Y-o-Y) to Rs. 118.6 crore.


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First Published on Oct 9, 2019 05:40 pm
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