Infosys Q2 PAT seen up 10.6% QoQ to Rs. 5,928 cr: KR Choksey

KR Choksey has come out with its second quarter (July-September’ 22) earnings estimates for the IT sector. The brokerage house expects Infosys to report net profit at Rs. 5,928 crore up 10.6% quarter-on-quarter (up 9.2% year-on-year).

Net Sales are expected to increase by 6 percent Q-o-Q (up 23.4 percent Y-o-Y) to Rs. 36,537 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.6 percent Q-o-Q (up 5.7 percent Y-o-Y) to Rs. 7,368 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.