Sterlite Technologies Q2 PAT seen up 71.8% QoQ to Rs. 122.4 cr: ICICI Direct

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ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Telecom sector. The brokerage home expects Sterlite Technologies to report web revenue at Rs. 122.Four crore up 71.8% quarter-on-quarter (up 1.4% year-on-year).

Net Sales are anticipated to enhance by 23.6 p.c Q-o-Q (up 9.Eight p.c Y-o-Y) to Rs. 962.Eight crore, in accordance to ICICI Direct.

Earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) are probably to rise by 47.1 p.c Q-o-Q (up 2.three p.c Y-o-Y) to Rs. 250.5 crore.

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