Prabhudas Lilladher has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects Wipro to report net profit at Rs. 2,276.4 crore up 21.9% quarter-on-quarter (up 4.6% year-on-year).
Net Sales are expected to increase by 4.6 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 14,626.6 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.8 percent Q-o-Q (down 2.1 percent Y-o-Y) to Rs. 2,720.5 crore.
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