Mphasis Q2 PAT seen up 3.3% QoQ to Rs. 460 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 Mphasis to report net profit at Rs. 460 crore up 3.3% quarter-on-quarter (up 7.8% year-on-year).

Net Sales are expected to increase by 3.1 percent Q-o-Q (up 8.9 percent Y-o-Y) to Rs. 3,850 crore, according to Prabhudas Lilladher.

Earnings before interest and Taxes (EBIT) are likely to rise by 1.2 percent Q-o-Q (up 6.1 percent Y-o-Y) to Rs. 580 crore.

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