HCL Technologies Q2 PAT seen up 8.7% QoQ to Rs. 4,180 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the IT sector. The brokerage house expects HCL Technologies to report net profit at Rs. 4,180 crore up 8.7% quarter-on-quarter (down 1.3% year-on-year).

Net Sales are expected to increase by 3.9 percent Q-o-Q (up 9.2 percent Y-o-Y) to Rs. 31,530 crore, according to Prabhudas Lilladher.

Earnings before interest and Taxes (EBIT) are likely to rise by 5.8 percent Q-o-Q (down 2.5 percent Y-o-Y) to Rs. 5,230 crore.

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