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Tech Mahindra Q4 PAT may dip 1.6% QoQ to Rs. 1,270 cr: Motilal Oswal

Net Sales are expected to increase by 1.5 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs. 9,790 crore, according to Motilal Oswal.

April 06, 2021 / 04:44 PM IST
 
 
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Body: Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Technology sector. The brokerage house expects Tech Mahindra to report net profit at Rs. 1,270 crore down 1.6% quarter-on-quarter (up 34.5% year-on-year).


Net Sales are expected to increase by 1.5 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs. 9,790 crore, according to Motilal Oswal.


Earnings before interest and tax (EBIT) are likely to fall by 0.2 percent Q-o-Q (up 61.6 percent Y-o-Y) to Rs. 1,530 crore.


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