IT earnings to grow 25% in Sept quarter: Dolat Capital

Written By Unknown on Selasa, 08 Oktober 2013 | 20.07

Dolat Capital has come out with its report on earnings estimates for Q2 FY14

The 60 companies across eight sectors (except financials) is estimated to grow 20 percent on top line and 23 percent on net profits for Q2 FY14.

The sharp growth in net earnings is let by IT services (+25 percent Y-o-Y) gaining on currency depreciation. Other sectors are expected to turn in on a steady performance consumer (+18 percent), pharma (+14 percent).

Metals and mining sector growth at net earnings levels is skewed due to the swing in Sesa Sterlite performance the Q2FY13 Ebidta was short of break even, while this year we estimate a return to profitability, and inclusion of Cairn India in Q2FY14 estimates. 

For financials, we estimate NII to grow 8 percent Y-o-Y and profits to decline 12 percent.

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



Anda sedang membaca artikel tentang

IT earnings to grow 25% in Sept quarter: Dolat Capital

Dengan url

http://harmonisem.blogspot.com/2013/10/it-earnings-to-grow-25-in-sept-quarter.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

IT earnings to grow 25% in Sept quarter: Dolat Capital

namun jangan lupa untuk meletakkan link

IT earnings to grow 25% in Sept quarter: Dolat Capital

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger