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    HomeNewsBusinessEarningsPersistent Systems Q4 PAT may dip 1% to Rs 81 cr: KR Choksey

    Persistent Systems Q4 PAT may dip 1% to Rs 81 cr: KR Choksey

    Net Sales are expected to increase by 2 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 762.9 crore, according to KR Choksey. Persistent Systems to report net profit at 81 crore down 1% quarter-on-quarter.

    April 22, 2017 / 15:00 IST

    KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the IT sector. The brokerage house expects Persistent Systems to report net profit at 81 crore down 1% quarter-on-quarter.

    Net Sales are expected to increase by 2 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 762.9 crore, according to KR Choksey.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2 percent Q-o-Q to Rs 78.1 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.

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    first published: Apr 22, 2017 03:00 pm

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