Wipro Q2 PAT seen up 21.9% QoQ to Rs. 2,276.4 cr: Prabhudas Lilladher

Business News

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.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *