Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Information Technology sector. The brokerage house expects Redington India to report net profit at Rs. 158.3 crore up 64.7% quarter-on-quarter (up 25.4% year-on-year).
Net Sales are expected to increase by 16.9 percent Q-o-Q (up 10.7 percent Y-o-Y) to Rs. 12,981.4 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 40.3 percent Q-o-Q (up 25.1 percent Y-o-Y) to Rs. 262.8 crore.
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Prabhudas Lilladher - Consolidated Estimates Report
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