Tata Consultancy Services Q2 PAT may dip 1.8% QoQ to Rs. 12,530 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the IT sector. The brokerage house expects Tata Consultancy Services to report net profit at Rs. 12,530 crore down 1.8% quarter-on-quarter (up 5.2% year-on-year).

Net Sales are expected to increase by 2.4 percent Q-o-Q (up 1.1 percent Y-o-Y) to Rs. 64,940 crore, according to Prabhudas Lilladher.

Earnings before interest and Taxes (EBIT) are likely to rise by 1.3 percent Q-o-Q (up 1.6 percent Y-o-Y) to Rs. 15,720 crore.

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