Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Information Technology sector. The brokerage house expects Tech Mahindra to report net profit at Rs. 1.078.5 crore down 10.3% quarter-on-quarter (down 11.7% year-on-year).
Net Sales are expected to increase 11 percent Y-o-Y to Rs. 8,939.2 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.5 percent Q-o-Q (up 20.2 percent Y-o-Y) to Rs. 1,697 crore.
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Prabhudas Lillader - IT Services Q4 Estimates
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