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Angel Broking has come with its earning estimates on IT sector for June quarter. The research firm expects 1QFY2013 to be better than 4QFY2012.
Emkay Global Financial Services has come with its earning estimates on IT sector for June quarter. The research firm expect a subdued quarter from our Tier I IT services coverage universe with cross currency moves (100-150 bps QoQ adverse impact) driving further weakness in US$ revenue growth.
Pune-based Persistent Systems CEO Anand Deshpande spoke to CNBC-TV18 about the company‘s fourth-quarter results.Deshpande says that significant investments are expected in the IP-led portfolio and adds that margins were improved by increased focus on achieving a PAT higher than last year‘s.
Prabhudas Lilladher has come out with its earnings estimates on IT sector for March quarter FY12. The research firm remains neutral in the near term, but optimistic about the back-ended growth and expects the guidance and outlook to be soft.
Angel Broking has come out with its results estimates on Information Technology sector for March FY12.
Emkay Global Financial Services has come out with its March quarterly earning estimates for IT sector.
Anand Deshpande, chief executive officer, Persistent Systems in an interview to CNBC-TV18 said, the company's margins and profits in the third quarter increased because of currency benefits.
Angel Broking has come with its quarterly earning estimates for software sector.
Persistent Systems is expected to report a 20% fall in its first quarter FY12 profit after tax of Rs 26.4 crore as against Rs 33.1 crore in previous quarter, according to CNBC-TV18 poll.
In an interview with CNBC-TV18's Reema Tendulkar, Anand Deshpande, CEO, Persistent Systems says, the revenue for the quarter ended March 31, 2011 is Rs 212 crore and profit after tax (PAT) is at Rs 33 crore. He expects FY12 top-line to be around USD 220 million.
Persistent Systems is to announce its fourth quarter results. According to CNBC-TV18 estimates, the company's revenues are seen up 6.2% at Rs 207 crore versus Rs 194.9 crore.
Prabhudas Lilladher has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Persistent Systems December quarter sales are expected to go up by 1.9% at Rs 190.5 crore, Quarter-on-Quarter, (QoQ) basis.