TCS Q1 PAT seen up 0.9% QoQ to Rs. 10,050 cr: Motilal Oswal

Motilal Oswal has come out with its first quarter (April-June’ 22) earnings estimates for the IT sector. The brokerage house expects TCS to report net profit at Rs. 10,050 crore up 0.9% quarter-on-quarter (up 11.2% year-on-year).

Net Sales are expected to increase by 3.4 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs. 52,320 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1 percent Q-o-Q (up 7.9 percent Y-o-Y) to Rs. 12,510 crore.

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