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Redington Q1 PAT may dip 35.1% QoQ to Rs. 109.7 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 1.8 percent Q-o-Q (up 21 percent Y-o-Y) to Rs. 194 crore, according to Prabhudas Lilladher.

July 08, 2019 / 06:33 PM IST
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Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Technology sector. The brokerage house expects Redington to report net profit at Rs. 109.7 crore down 35.1% quarter-on-quarter (up 29.1% year-on-year).


Net Sales are expected to decrease by 1.8 percent Q-o-Q (up 21 percent Y-o-Y) to Rs. 194 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.1 percent Q-o-Q (up 16.6 percent Y-o-Y) to Rs. 194 crore.


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