TCS Q3 PAT seen up 3.3% QoQ to Rs. 8,305 cr: Motilal Oswal

Motilal Oswal has come out with its Third quarter (October-December’ 19) earnings estimates for the Technology sector. The brokerage house expects TCS to report net profit at Rs. 8,305 crore up 3.3% quarter-on-quarter (up 2.3% year-on-year).

Net Sales are expected to increase by 2.1 percent Q-o-Q (up 6.6 percent Y-o-Y) to Rs. 39,788.5 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.4 percent Q-o-Q (up 6.9 percent Y-o-Y) to Rs. 10,782.6 crore.

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