Persistent Q4 PAT seen up 17.4% QoQ to Rs. 107.8 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 1.1 percent Q-o-Q (up 13.6 percent Y-o-Y) to Rs. 854.6 crore, according to Prabhudas Lilladher.

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Information Technology sector.  The brokerage house expects Persistent to report net profit at Rs. 107.8 crore up 17.4% quarter-on-quarter (up 46% year-on-year).

Net Sales are expected to decrease by 1.1 percent Q-o-Q (up 13.6 percent Y-o-Y) to Rs. 854.6 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.7 percent Q-o-Q (up 47.7 percent Y-o-Y) to Rs. 164.1 crore.

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