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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