Net Sales are expected to decrease by 2.4 percent Q-o-Q (up 4.7 percent Y-o-Y) to Rs. 14,639.3 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Technology sector. The brokerage house expects Wipro to report net profit at Rs. 2,089.1 crore down 15.9% quarter-on-quarter (down 1.5% year-on-year).
Net Sales are expected to decrease by 2.4 percent Q-o-Q (up 4.7 percent Y-o-Y) to Rs. 14,639.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.9 percent Q-o-Q (up 16.3 percent Y-o-Y) to Rs. 2,901.5 crore.
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