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Persistent Q2 PAT seen up 6.7% QoQ to Rs. 161.4 cr: Prabhudas Lilladher

Net Sales are expected to increase by 8.4 percent Q-o-Q (up 32.3 percent Y-o-Y) to Rs. 1,333.1 crore, according to Prabhudas Lilladher.

October 05, 2021 / 04:07 PM IST
 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the IT sector. The brokerage house expects Persistent to report net profit at Rs. 161.4 crore up 6.7% quarter-on-quarter (up 58.2% year-on-year).


Net Sales are expected to increase by 8.4 percent Q-o-Q (up 32.3 percent Y-o-Y) to Rs. 1,333.1 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.5 percent Q-o-Q (up 24.6 percent Y-o-Y) to Rs. 206.6 crore.


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