Net Sales are expected to increase by 0.7 percent Q-o-Q (up 11.6 percent Y-o-Y) to Rs. 15,262.2 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 Wipro to report net profit at Rs. 2,530 crore up 0.8% quarter-on-quarter (up 30.6% year-on-year).
Net Sales are expected to increase by 0.7 percent Q-o-Q (up 11.6 percent Y-o-Y) to Rs. 15,262.2 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.9 percent Q-o-Q (up 43.7 percent Y-o-Y) to Rs. 2,841.3 crore.
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