LTIMindtree Q2 PAT seen up 2.1% QoQ to Rs. 1,280 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the IT sector. The brokerage house expects LTIMindtree to report net profit at Rs. 1,280 crore up 2.1% quarter-on-quarter (up 2.3% year-on-year).

Net Sales are expected to increase by 4.5 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 10,280 crore, according to Prabhudas Lilladher.

Earnings before interest and Taxes (EBIT) are likely to rise by 8.9 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 1,530 crore.

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