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Infosys Q2 PAT seen up 5% QoQ to Rs. 5,456.1 cr: Prabhudas Lilladher

Net Sales are expected to increase by 5.3 percent Q-o-Q (up 19.5 percent Y-o-Y) to Rs. 29,367.9 crore, according to Prabhudas Lilladher.

October 05, 2021 / 15:31 IST
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Infosys | The US subsidiary completed acquisition of automated new business and underwriting platform from STEP Solutions.

Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the IT sector. The brokerage house expects Infosys to report net profit at Rs. 5,456.1 crore up 5% quarter-on-quarter (up 12.6% year-on-year).

Net Sales are expected to increase by 5.3 percent Q-o-Q (up 19.5 percent Y-o-Y) to Rs. 29,367.9 crore, according to Prabhudas Lilladher

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.4 percent Q-o-Q (up 4.5 percent Y-o-Y) to Rs. 7,400.7 crore.

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