Hexaware Tech Q1 net seen up 3.2% at Rs 81 cr: Nirmal Bang

Written By Unknown on Kamis, 18 Juli 2013 | 20.07

Jul 18, 2013, 06.25 PM IST

Nirmal Bang expects Hexaware Technologies to report a 3.2 percent growth quarter-on-quarter (degrowth of 8.1 percent year-on-year) in net profit at Rs 81.8 crore.

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Hexaware Tech Q1 net seen up 3.2% at Rs 81 cr: Nirmal Bang

Nirmal Bang expects Hexaware Technologies to report a 3.2 percent growth quarter-on-quarter (degrowth of 8.1 percent year-on-year) in net profit at Rs 81.8 crore.

Like this story, share it with millions of investors on M3

Hexaware Tech Q1 net seen up 3.2% at Rs 81 cr: Nirmal Bang

Nirmal Bang expects Hexaware Technologies to report a 3.2 percent growth quarter-on-quarter (degrowth of 8.1 percent year-on-year) in net profit at Rs 81.8 crore.

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Nirmal Bang has come out with its first quarter (April-June) earnings estimates for technology sector. The brokerage house expects Hexaware Technologies to report a 3.2 percent growth quarter-on-quarter (degrowth of 8.1 percent year-on-year) in reported profit after tax at Rs 81.8 crore.

Revenues are expected to increase by 5.4 percent Q-o-Q (up 7 percent Y-o-Y) to Rs 535 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.6 percent Q-o-Q (down 4.9 percent Y-o-Y) to Rs 108.3 crore.


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