Wipro Q3 PAT seen up 2.6% QoQ to Rs. 2,438 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Information Technology sector. The brokerage house expects Wipro to report net profit at Rs. 2,438 crore up 2.6% quarter-on-quarter (up 26.8% year-on-year).

Net Sales are expected to increase by 4.6 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 15,212.6 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.6 percent Q-o-Q (up 18.4 percent Y-o-Y) to Rs. 2,966.5 crore.

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