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Tech Mahindra Q2 PAT Seen Up 21.6% QoQ To Rs. 1,106.6 Cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.1 percent Q-o-Q (up 13.3 percent Y-o-Y) to Rs. 8,618.6 crore, according to Prabhudas Lilladher.

Prabhudas Lilladher has come out with its second quarter (July-September’ 18) earnings estimates for the Technologysector. The brokerage house expects Tech Mahindra to report net profit at Rs. 1,106.6 crore up 21.6% quarter-on-quarter (up 32.3% year-on-year).

Net Sales are expected to increase by 4.1 percent Q-o-Q (up 13.3 percent Y-o-Y) to Rs. 8,618.6 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.3 percent Q-o-Q (up 40.3 percent Y-o-Y) to Rs. 1,551.3 crore. – Money Control

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