Net Sales are expected to decrease by 5.4 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 749.1 crore, according to Motilal Oswal.
Motilal Oswal has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Technology sector. The brokerage house expects Persistent Systems to report net profit at Rs. 70.4 crore down 23.2% quarter-on-quarter (down 16.4% year-on-year).
Net Sales are expected to decrease by 5.4 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 749.1 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 30.9 percent Q-o-Q (down 27 percent Y-o-Y) to Rs. 95.1 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.
Read More