Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 39,305.7 crore, according to Motilal Oswal.
Motilal Oswal has come out with its first quarter (April-June’ 20) earnings estimates for the IT sector. The brokerage house expects TCS to report net profit at Rs. 8,062.8 crore down 0.4% quarter-on-quarter (down 1.1% year-on-year).
Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 39305.7 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.3 percent Q-o-Q (up 4.1 percent Y-o-Y) to Rs. 9,597.8 crore.
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