Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Technology sector. The brokerage house expects Wipro to report net profit at 2186.3 crore up 5.8% quarter-on-quarter.
Net Sales are expected to increase by 0.9 percent Q-o-Q (up 8.1 percent Y-o-Y) to Rs 13896 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.1 percent Q-o-Q (up 2.3 percent Y-o-Y) to Rs 2735.1 crore.
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