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    HomeNewsBusinessEarningsWipro Q1 PAT may rise 1.5% at Rs 1603.3 cr: Nirmal Bang

    Wipro Q1 PAT may rise 1.5% at Rs 1603.3 cr: Nirmal Bang

    Nirmal Bang expects Wipro to report a 1.8 percent growth quarter-on-quarter (growth of 1.5 percent year-on-year) in net profit at Rs 1603.3 crore.

    July 25, 2013 / 17:30 IST
       
       
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      Nirmal Bang has come out with its first quarter (April-June) earnings estimates for the information technology sector. The brokerage house expects Wipro to report a 1.8 percent growth quarter-on-quarter (growth of 1.5 percent year-on-year) in net profit at Rs 1603.3 crore.


      Revenues are expected to increase by 3.1 percent Q-o-Q (down 5.5 percent Y-o-Y) to Rs 9905.6 crore, according to Nirmal Bang.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.4 percent Q-o-Q (up 6.2 percent Y-o-Y) to Rs 2094.2 crore.

      first published: Jul 25, 2013 05:30 pm

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