Wipro Q4 PAT may dip 0.8% QoQ to Rs. 3,079 cr: KR Choksey

KR Choksey has come out with its fourth quarter (January - March’ 23) earnings estimates for the IT sector. The brokerage house expects Wipro to report net profit at Rs. 3,079 crore down 0.8% quarter-on-quarter (down 0.3% year-on-year).

Net Sales are expected to increase by 1.9 percent Q-o-Q (up 13.5 percent Y-o-Y) to Rs. 23,684.7 crore, according to KR Choksey.

Earnings before interest, tax, (EBIT) are likely to rise by 0.8 percent Q-o-Q (up 6.8 percent Y-o-Y) to Rs. 3,576.3 crore.

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