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Persistent Systems Q4 PAT may dip 2.5% QoQ to Rs 118 cr: KRChoksey

Net Sales are expected to increase by 2.3 percent Q-o-Q (up 18.7 percent Y-o-Y) to Rs 1,100 crore, according to KRChoksey.

April 07, 2021 / 08:18 PM IST
 
 
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KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Persistent Systems to report net profit at Rs 118 crore down 2.5% quarter-on-quarter (up 40.7% year-on-year).


Net Sales are expected to increase by 2.3 percent Q-o-Q (up 18.7 percent Y-o-Y) to Rs 1,100 crore, according to KRChoksey


Earnings before interest and tax (EBIT) are likely to fall by 4.8 percent Q-o-Q (up 51.5 percent Y-o-Y) to Rs 129.8 crore.


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