Zen Technologies Q4 PAT may dip 3.1% QoQ to Rs. 100 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Technology sector. The brokerage house expects Zen Technologies to report net profit at Rs. 100 crore down 3.1% quarter-on-quarter (up 31.9% year-on-year).

Net Sales are expected to decrease by 1.8 percent Q-o-Q (down 8.8 percent Y-o-Y) to Rs. 890 crore, according to Motilal Oswal.

Earnings before interest and tax (EBIT) are likely to fall by 7.4 percent Q-o-Q (up 30.8 percent Y-o-Y) to Rs. 130 crore.

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