Moneycontrol
Last Updated : Jan 14, 2019 03:40 PM IST | Source: Moneycontrol.com

Persistent Q3 PAT seen up 9.9% QoQ to Rs. 96.8 cr: Dolat Capital

Net Sales are expected to increase by 7 percent Q-o-Q (up 12.9 percent Y-o-Y) to Rs. 893.8 crore, according to Dolat Capital.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Dolat Capital has come out with its third quarter (October-December’ 18) earnings estimates for the Information Technology sector. The brokerage house expects Persistent to report net profit at Rs. 96.8 crore up 9.9% quarter-on-quarter (up 5.6% year-on-year).


Net Sales are expected to increase by 7 percent Q-o-Q (up 12.9 percent Y-o-Y) to Rs. 893.8 crore, according to Dolat Capital.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.4 percent Q-o-Q (up 15.5 percent Y-o-Y) to Rs. 113.5 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 Jan 14, 2019 03:40 pm
More From
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant