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Last Updated : Oct 09, 2019 05:23 PM IST | Source: Moneycontrol.com

Wipro Q2 PAT may dip 5.6% QoQ to Rs. 2,253.7 cr: Prabhudas Lilladher

Net Sales are expected to increase by 0.2 percent Q-o-Q (up 1.4 percent Y-o-Y) to Rs. 14,740.9 crore, according to Prabhudas Lilladher.

 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects Wipro to report net profit at Rs. 2,253.7 crore down 5.6% quarter-on-quarter (up 19.3% year-on-year).


Net Sales are expected to increase by 0.2 percent Q-o-Q (up 1.4 percent Y-o-Y) to Rs. 14,740.9 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.6 percent Q-o-Q (up 21 percent Y-o-Y) to Rs. 2,944.7 crore.


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First Published on Oct 9, 2019 05:23 pm
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