Wipro Q2 PAT may dip 4% QoQ to Rs. 2,238.8 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 Wipro to report net profit at Rs. 2,238.8 crore down 4% quarter-on-quarter (down 2.1% year-on-year).

Net Sales are expected to increase by 2.1 percent Q-o-Q (up 3.3 percent Y-o-Y) to Rs. 15,025.6 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.7 percent Q-o-Q (up 5.1 percent Y-o-Y) to Rs. 3,011 crore.

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