TCS Q1 PAT may dip 3.8% QoQ to Rs. 7,818.3 cr: Kotak

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Net Sales are expected to increase by 1.4 percent Q-o-Q (up 12.5 percent Y-o-Y) to Rs. 38,559.2 crore, according to Kotak.




Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the IT Servicessector. The brokerage house expects TCS to report net profit at Rs. 7,818.3 crore down 3.8% quarter-on-quarter (up 6.5% year-on-year).


Net Sales are expected to increase by 1.4 percent Q-o-Q (up 12.5 percent Y-o-Y) to Rs. 38,559.2 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.4 percent Q-o-Q (up 9.6 percent Y-o-Y) to Rs. 9,401.5 crore.


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