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

This is a military technology first used during World War II by English allies to foil German attempts at jamming transmissions. The allies decided to transmit over several frequencies, instead of one, making it difficult for the Germans to pick up the complete signal. What are we talking about? (Picture: Pixabay)

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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.

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