Net Sales are expected to decrease by 20.2 percent Q-o-Q (up 62.9 percent Y-o-Y) to Rs. 1,428.5 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Telecom sector. The brokerage house expects Sterlite Technologies to report net profit at Rs. 151.2 crore down 9.8% quarter-on-quarter (up 25.3% year-on-year).
Net Sales are expected to decrease by 20.2 percent Q-o-Q (up 62.9 percent Y-o-Y) to Rs. 1,428.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.6 percent Q-o-Q (up 13.7 percent Y-o-Y) to Rs. 278.6 crore.
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