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Tata Elxsi Q4 PAT seen up 6.5% QoQ to Rs 112 cr: KRChoksey

Net Sales are expected to increase by 6 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs 505.7 crore, according to KRChoksey.

April 07, 2021 / 08:20 PM IST
Tata Elxsi Ltd.

Tata Elxsi Ltd.

 
 
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KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Tata Elxsi to report net profit at Rs 112 crore up 6.5% quarter-on-quarter (up 36.5% year-on-year).


Net Sales are expected to increase by 6 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs 505.7 crore, according to KRChoksey.


Earnings before interest and tax (EBIT) are likely to rise by 7.5 percent Q-o-Q (up 45.7 percent Y-o-Y) to Rs 142.5 crore.


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