Apr 10, 2018 06:16 PM IST | Source: Moneycontrol.com

Tech Mahindra Q4 PAT seen up 1.2% QoQ to Rs 954.8 cr: Edelweiss

Net Sales are expected to increase by 2.6 percent Q-o-Q (up 6.4 percent Y-o-Y) to Rs. 7977.7 crore, according to Edelweiss.

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Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the IT sector. The brokerage house expects Tech Mahindra to report net profit at Rs. 954.8 crore up 1.2% quarter-on-quarter (up 62.4% year-on-year).


Net Sales are expected to increase by 2.6 percent Q-o-Q (up 6.4 percent Y-o-Y) to Rs. 7977.7 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.8 percent Q-o-Q (up 48.9 percent Y-o-Y) to Rs. 1338.6 crore.


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