Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the IT sector. The brokerage house expects L&T Technology Services to report net profit at Rs. 232.9 crore up 7.3% quarter-on-quarter (up 7.3% year-on-year).
Net Sales are expected to increase by 5.3 percent Q-o-Q (up 21.7 percent Y-o-Y) to Rs. 1,598.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.1 percent Q-o-Q (up 40.7 percent Y-o-Y) to Rs. 327.6 crore.
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