Motilal Oswal has come out with its second quarter (July-September’ 19) earnings estimates for the Technology sector. The brokerage house expects Mphasis to report net profit at Rs. 285.3 crore up 7.8% quarter-on-quarter (up 5.3% year-on-year).
Net Sales are expected to increase by 4.7 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs. 2,158.6 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.7 percent Q-o-Q (up 21.1 percent Y-o-Y) to Rs. 403.3 crore.
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