Tata Elxsi Ltd.
KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Tata Elxsi to report net profit at Rs 112 crore up 6.5% quarter-on-quarter (up 36.5% year-on-year).
Net Sales are expected to increase by 6 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs 505.7 crore, according to KRChoksey.
Earnings before interest and tax (EBIT) are likely to rise by 7.5 percent Q-o-Q (up 45.7 percent Y-o-Y) to Rs 142.5 crore.
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