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Infibeam Avenues Q4 PAT seen up 161.7% QoQ to Rs 33.5 cr: KRChoksey

Net Sales are expected to increase by 6.9 percent Q-o-Q (up 78.1 percent Y-o-Y) to Rs 242.1 crore, according to KRChoksey.

April 07, 2021 / 08:39 PM IST
 
 
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KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Infibeam Avenues to report net profit at Rs 33.5 crore up 161.7% quarter-on-quarter (up 22.3% year-on-year).


Net Sales are expected to increase by 6.9 percent Q-o-Q (up 78.1 percent Y-o-Y) to Rs 242.1 crore, according to KRChoksey.


Earnings before interest and tax (EBIT) are likely to rise by 112.3 percent Q-o-Q (up 386 percent Y-o-Y) to Rs 48.6 crore.


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