Net Sales are expected to increase by 1.6 percent Q-o-Q (up 31.9 percent Y-o-Y) to Rs. 1,816.5 crore, according to Kotak.
Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the IT Services sector. The brokerage house expects Mindtree to report net profit at Rs. 194.8 crore up 1.9% quarter-on-quarter (up 37.6% year-on-year).
Net Sales are expected to increase by 1.6 percent Q-o-Q (up 31.9 percent Y-o-Y) to Rs. 1,816.5 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.6 percent Q-o-Q (up 40.1 percent Y-o-Y) to Rs. 290.5 crore.
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