Mindtree Q4 PAT may dip 13.6% QoQ to Rs. 280 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Technology sector. The brokerage house expects Mindtree to report net profit at Rs. 280 crore down 13.6% quarter-on-quarter (up 36.9% year-on-year).

Net Sales are expected to increase by 3 percent Q-o-Q (up 1.6 percent Y-o-Y) to Rs. 2,080 crore, according to Motilal Oswal.

Earnings before interest and tax (EBIT) are likely to fall by 6.8 percent Q-o-Q (up 30.4 percent Y-o-Y) to Rs. 370 crore.

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