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Persistent Q4 PAT seen up 2.5% QoQ to Rs 1,102.2 cr: Prabhudas Lilladher

Net Sales are expected to increase by 14.3 percent Q-o-Q (up 64.9 percent Y-o-Y) to Rs 138.3 crore, according to Prabhudas Lilladher.

April 07, 2021 / 01:50 PM IST
 
 
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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Persistent to report net profit at Rs 1,102.2 crore up 2.5% quarter-on-quarter (up 19% year-on-year).


Net Sales are expected to increase by 14.3 percent Q-o-Q (up 64.9 percent Y-o-Y) to Rs 138.3 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.9 percent Q-o-Q (up 44.2 percent Y-o-Y) to Rs 184.1 crore.


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