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Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
Last Updated : Jul 11, 2019 05:24 PM IST | Source: Moneycontrol.com

Sterlite Technologies Q1 PAT may dip 9.8% QoQ to Rs. 151.2 cr: ICICI Direct

Net Sales are expected to decrease by 20.2 percent Q-o-Q (up 62.9 percent Y-o-Y) to Rs. 1,428.5 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Telecom sector. The brokerage house expects Sterlite Technologies to report net profit at Rs. 151.2 crore down 9.8% quarter-on-quarter (up 25.3% year-on-year).


Net Sales are expected to decrease by 20.2 percent Q-o-Q (up 62.9 percent Y-o-Y) to Rs. 1,428.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.6 percent Q-o-Q (up 13.7 percent Y-o-Y) to Rs. 278.6 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.

First Published on Jul 11, 2019 05:24 pm
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