Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Technology sector. The brokerage house expects Tech Mahindra to report net profit at Rs. 940.6 crore down 16.9% quarter-on-quarter (up 4.8% year-on-year).
Net Sales are expected to decrease by 1.9 percent Q-o-Q (up 5.4 percent Y-o-Y) to Rs. 8,721.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 15.8 percent Q-o-Q (up 1.7 percent Y-o-Y) to Rs. 1,380.2 crore.
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PL - Consolidated Earnings Estimates
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