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Last Updated : Oct 11, 2018 06:33 PM IST | Source: Moneycontrol.com

Redington India Q2 PAT seen up 26.3% QoQ to Rs. 107.4 cr: Prabhudas Lilladher

Net Sales are expected to increase by 14.9 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 11,734.4 crore, according to Prabhudas Lilladher.

 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects Redington India to report net profit at Rs. 107.4 crore up 26.3% quarter-on-quarter (down 7.2% year-on-year).


Net Sales are expected to increase by 14.9 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 11,734.4 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.7 percent Q-o-Q (up 2.8 percent Y-o-Y) to Rs. 204 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 on Oct 11, 2018 06:33 pm
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