TCS Q2 PAT seen up 16% at Rs 4393 cr: Dolat Capital
According to Dolat Capital, Tata Consultancy Services (TCS) to report a 15.7 percent growth quarter-on-quarter (growth of 25.1 percent year-on-year) in net profit at Rs 4,393 crore.
October 15, 2013 / 10:06 IST
Dolat Capital has come out with its second quarter (July-September) earnings estimates for the information technology sector. The brokerage house expects Tata Consultancy Services (TCS) to report a 15.7 percent growth quarter-on-quarter (up 25.1 percent year-on-year) in net profit at Rs 4,393 crore.
Revenues are expected to increase 13.9 percent Q-o-Q (up 31.1 percent Y-o-Y) to Rs 20,480.1 crore, according to Dolat Capital.Earnings before interest, tax (EBIT) are likely to rise by 19.3 percent Q-o-Q (up 38.8 percent Y-o-Y) to Rs 5,802 crore.Dolat Capital's Report on Tata Consultancy Services:Revenue outperformance will continue with 4.5 percent Q-o-Q volume growth. Pricing is likely to remain stable.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. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
