Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the InformationTechnology sector. The brokerage house expects Infosysto report net profit at Rs. 4,291.4 crore up 4.4% quarter-on-quarter (down 16.3% year-on-year).
Net Sales are expected to increase by 3.7 percent Q-o-Q (up 20.1 percent Y-o-Y) to Rs. 21,376.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.5 percent Q-o-Q (up 16.3 percent Y-o-Y) to Rs. 5,600.6 crore.