Apr 25, 2018 05:47 PM IST | Source: Moneycontrol.com

TeamLease Services Q4 PAT may dip 40.1% YoY to Rs. 20.2 cr: ICICI Direct

Net Sales are expected to increase by 18.2 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 965.3 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Others sector. The brokerage house expects TeamLease Services to report net profit at Rs. 20.2 crore down 40.1% year-on-year (up 9.9% quarter-on-quarter).


Net Sales are expected to increase by 18.2 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 965.3 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 61.4 percent Y-o-Y (up 8.6 percent Q-o-Q) to Rs. 19.4 crore.


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