Prabhudas Lilladher has come out with its second quarter (July-September’ 19) earnings estimates for the IT sector. The brokerage house expects Zensar to report net profit at Rs. 87.4 crore up 11% quarter-on-quarter (down 8.1% year-on-year).
Net Sales are expected to increase by 3.6 percent Q-o-Q (up 16.5 percent Y-o-Y) to Rs. 1,105.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to down by 5.9 percent Q-o-Q (up 11.8 percent Y-o-Y) to Rs. 142.6 crore.
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