Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects L&T Technology Services to report net profit at Rs. 202.5 crore down 0.8% quarter-on-quarter (up 5.6% year-on-year).
Net Sales are expected to increase by 4.2 percent Q-o-Q (up 10.9 percent Y-o-Y) to Rs. 1,404.6 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to up by 4.2 percent Q-o-Q (up 10.9 percent Y-o-Y) to Rs. 1,404.6 crore.
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