Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Technology sector. The brokerage house expects Mphasis to report net profit at Rs. 320 crore down 2.5% quarter-on-quarter (down 9.9% year-on-year).
Net Sales are expected to increase by 0.5 percent Q-o-Q (up 5.3 percent Y-o-Y) to Rs. 2,470 crore, according to Motilal Oswal.
Earnings before interest and tax (EBIT) are likely to fall by 0.8 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 400 crore.
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