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

    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.

    October 13, 2017 / 17:20 IST
     
     
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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.

    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.

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    first published: Oct 13, 2017 05:20 pm

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