Tata Elxsi Q2 PAT seen up 5.7% QoQ to Rs. 150 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 Elxsi to report net profit at Rs. 150 crore up 5.7% quarter-on-quarter (down 33.5% year-on-year).

Net Sales are expected to increase by 0.4 percent Q-o-Q (down 6.2 percent Y-o-Y) to Rs. 900 crore, according to Prabhudas Lilladher.

Earnings before interest and Taxes (EBIT) are likely to fall by 4 percent Q-o-Q (down 34.8 percent Y-o-Y) to Rs. 160 crore.

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