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Last Updated : Oct 13, 2017 05:20 PM IST | Source: Moneycontrol.com

Info Edge Q2 PAT may dip 24.9% YoY to Rs. 60.1 cr: Kotak

Net Sales are expected to increase by 11.9 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 235.1 crore, according to Kotak.

 
 
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Kotak has come out with its second quarter (July-September) earnings estimates for the Internet sector. The brokerage house expects Info Edge to report net profit at Rs. 60.1 crore down 24.9% year-on-year (6.3% quarter-on-quarter).


Net Sales are expected to increase by 11.9 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 235.1 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 9.1 percent Y-o-Y (up 7.7 percent Q-o-Q) to Rs. 75.8 crore.


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First Published on Oct 13, 2017 05:20 pm
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