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

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.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.