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Sonata Software Q2 PAT may dip 8% QoQ to Rs. 79.8 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 12.3 percent Q-o-Q (up 38.4 percent Y-o-Y) to Rs. 1,112.6 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 Sonata Software to report net profit at Rs. 79.8 crore down 8% quarter-on-quarter (up 39.6% year-on-year).


Net Sales are expected to decrease by 12.3 percent Q-o-Q (up 38.4 percent Y-o-Y) to Rs. 1,112.6 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.7 percent Q-o-Q (up 28 percent Y-o-Y) to Rs. 111.7 crore.


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