Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects Hexaware to report net profit at Rs. 177.8 crore up 17.5% quarter-on-quarter (up 3.2% year-on-year).
Net Sales are expected to increase by 14.6 percent Q-o-Q (up 24 percent Y-o-Y) to Rs. 1,499.6 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to up by 14.7 percent Q-o-Q (up 16.9 percent Y-o-Y) to Rs. 247.4 crore.
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