Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the IT sector. The brokerage house expects KPIT Technologies to report net profit at Rs. 200 crore up 18.1% quarter-on-quarter (down 0.3% year-on-year).
Net Sales are expected to increase by 1.9 percent Q-o-Q (up 6.6 percent Y-o-Y) to Rs. 1,570 crore, according to Prabhudas Lilladher.
Earnings before interest and Taxes (EBIT) are likely to rise by 1.8 percent Q-o-Q (up 8.2 percent Y-o-Y) to Rs. 270 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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
