Last Updated : Oct 08, 2018 12:12 PM IST | Source: Moneycontrol.com

Cyient Q2 PAT seen up 51.6% QoQ to Rs. 125 cr: Motilal Oswal

Net Sales are expected to increase by 8.6 percent Q-o-Q (up 21.5 percent Y-o-Y) to Rs. 1,172.5 crore, according to Motilal Oswal.

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A man walks though a 5G wireless broadband technology display in the Intel booth during the 2018 CES in Las Vegas, Nevada, U.S. (REUTERS)
A man walks though a 5G wireless broadband technology display in the Intel booth during the 2018 CES in Las Vegas, Nevada, U.S. (REUTERS)
 
 
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Motilal Oswal has come out with its second quarter (July-September’ 18) earnings estimates for the Technology sector. The brokerage house expects Cyient to report net profit at Rs. 125 crore up 51.6% quarter-on-quarter (up 12% year-on-year).


Net Sales are expected to increase by 8.6 percent Q-o-Q (up 21.5 percent Y-o-Y) to Rs. 1,172.5 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.9 percent Q-o-Q (up 10 percent Y-o-Y) to Rs. 155.1 crore.


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First Published on Oct 8, 2018 12:12 pm
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