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Last Updated : Apr 17, 2019 11:43 AM IST | Source: Moneycontrol.com

Teamlease Services Q4 PAT seen up 41.3% YoY to Rs. 30.4 cr: Kotak

Net Sales are expected to increase by 37 percent Y-o-Y (up 14.3 percent Q-o-Q) to Rs. 1,339.5 crore, according to Kotak.

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Q2. This company in the nineties was founded in Cambridge, Massachusetts. Its service is one of the best search engines available on the internet. Lean on management, most of the company's employees are content experts, librarians, editors and engineers. After two rounds of venture capital, it was ready for explosive growth. The company is named after a clipper ship which held the speed record for the San Francisco to Boston voyage for nearly 150 years. Now, the company provides custom, hosted, turnkey solutions for its clients using the software as a service (SaaS) delivery model. It markets its strategic research portals under the trade name SinglePoint. Name the company which might remind you of an Aurora? (Image: Reuters)
Q2. This company in the nineties was founded in Cambridge, Massachusetts. Its service is one of the best search engines available on the internet. Lean on management, most of the company's employees are content experts, librarians, editors and engineers. After two rounds of venture capital, it was ready for explosive growth. The company is named after a clipper ship which held the speed record for the San Francisco to Boston voyage for nearly 150 years. Now, the company provides custom, hosted, turnkey solutions for its clients using the software as a service (SaaS) delivery model. It markets its strategic research portals under the trade name SinglePoint. Name the company which might remind you of an Aurora? (Image: Reuters)
 
 
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Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Commercial & Professional Services sector. The brokerage house expects Teamlease Services to report net profit at Rs. 30.4 crore up 41.3% year-on-year (up 20.6% quarter-on-quarter).


Net Sales are expected to increase by 37 percent Y-o-Y (up 14.3 percent Q-o-Q) to Rs. 1,339.5 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.3 percent Y-o-Y (up 21.8 percent Q-o-Q) to Rs. 29.9 crore.


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First Published on Apr 17, 2019 11:43 am
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