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TCS Q2 PAT seen up 7% QoQ to Rs. 9,638.5 cr: Prabhudas Lilladher

Net Sales are expected to increase by 5.1 percent Q-o-Q (up 19 percent Y-o-Y) to Rs. 47,745.3 crore, according to Prabhudas Lilladher.

October 05, 2021 / 03:18 PM IST
 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the IT sector. The brokerage house expects TCS to report net profit at Rs. 9,638.5 crore up 7% quarter-on-quarter (up 14.3% year-on-year).


Net Sales are expected to increase by 5.1 percent Q-o-Q (up 19 percent Y-o-Y) to Rs. 47,745.3 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.1 percent Q-o-Q (up 13.1 percent Y-o-Y) to Rs. 13,024.9 crore.


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