Friday, July 13, 2018

Intellect Design Q1 PAT may dip 22.8% QoQ to Rs. 20 cr: HDFC Securities

HDFC Securities has come out with its first quarter (April-June�� 18) earnings estimates for the Technology sector. The brokerage house expects Intellect Design to report net profit at Rs. 20 crore down 22.8% quarter-on-quarter.

Net Sales are expected to increase by 3.5 percent Q-o-Q (up 31.8 percent Y-o-Y) to Rs. 318 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.7 percent Q-o-Q (up 62.6 percent Y-o-Y) to Rs. 26 crore.

Disclaimer: The views and investment tips expressed by investment experts on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Read More First Published on Jul 12, 2018 05:50 pm