HCL Technologies Q2 PAT seen up 13.6% QoQ to Rs. 2,520.8 cr: Motilal Oswal


Motilal Oswal has come out with its second quarter (July-September’ 19) earnings estimates for the Technology sector. The brokerage house expects HCL Technologies to report net profit at Rs. 2,520.8 crore up 13.6% quarter-on-quarter (down 0.8% year-on-year).

Net Sales are expected to increase by 7.6 percent Q-o-Q (up 18.9 percent Y-o-Y) to Rs. 17,668.6 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.4 percent Q-o-Q (up 18 percent Y-o-Y) to Rs. 4,128.1 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

News Source: MoneyControl

For Enquiry Fill The Form

*Note:- Please provide a valid Email Id to receive OTP from bigprofitbuzz.com.

Facebook Iconfacebook like buttonYouTube IconTwitter Icontwitter follow button