Sterlite Technologies Q4 PAT seen up 9.7% QoQ to Rs 95 cr: KRChoksey

KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Sterlite Technologies to report net profit at Rs 95 crore up 9.7% quarter-on-quarter (up 18.3% year-on-year).

Net Sales are expected to increase by 10.3 percent Q-o-Q (up 25 percent Y-o-Y) to Rs 1,450 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA)  are likely to rise by 13.4 percent Q-o-Q (up 20.5 percent Y-o-Y) to Rs 261 crore.

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