Net Sales are expected to increase by 6.5 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 1047.7 crore, according to Edelweiss.
Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the IT sector. The brokerage house expects Cyient to report net profit at Rs. 106.2 crore down 2.4% quarter-on-quarter (up 35.4% year-on-year).
Net Sales are expected to increase by 6.5 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 1047.7 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.9 percent Q-o-Q (up 19.2 percent Y-o-Y) to Rs. 148.7 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