TCS Q4 net seen up at Rs 5350.1cr: Sharekhan

Written By Unknown on Selasa, 15 April 2014 | 18.01

Sales are expected to increase by 2.4 percent Q-o-Q (up 32.7 percent Y-o-Y) to Rs 21804.3 crore, according to Sharekhan.

Sharekhan has come out with its January-March quarter earnings estimates for the technology sector. The brokerage house expects Tata Consultancy Services  (TCS) to report a 0.7 percent growth quarter-on-quarter (growth of 48.7 percent year-on-year) in net profit at Rs 5350.1 crore.

Sales are expected to increase by 2.4 percent Q-o-Q (up 32.7 percent Y-o-Y) to Rs 21804.3 crore, according to Sharekhan.

Operating profit margin is likely to be at 30.8 percent in March quarter against 28.4 percent in a year ago period.

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