Infosys Q1 PAT seen up 4.3% QoQ to Rs. 3,848.9 cr: Edelweiss

Net Sales are expected to increase by 6.4 percent Q-o-Q (up 12.6 percent Y-o-Y) to Rs. 19,233.8 crore, according to Edelweiss.

Edelweiss has come out with its first quarter (April-June’ 18) earnings estimates for the Technology sector. The brokerage house expects Infosys to report net profit at Rs. 3,848.9 crore up 4.3% quarter-on-quarter (up 10.5% year-on-year).

Net Sales are expected to increase by 6.4 percent Q-o-Q (up 12.6 percent Y-o-Y) to Rs. 19,233.8 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.7 percent Q-o-Q (up 12.1 percent Y-o-Y) to Rs. 5,111.1 crore.