HDFC Securities has come out with its first quarter (April-June�� 18) earnings estimates for the Technology sector. The brokerage house expects MCX to report net profit at Rs. 37 crore up 9.3% quarter-on-quarter (up 41.9% year-on-year).
Net Sales are expected to increase by 5.2 percent Q-o-Q (up 25.4 percent Y-o-Y) to Rs. 74 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.7 percent Q-o-Q (up 101.1 percent Y-o-Y) to Rs. 26 crore.
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Read More First Published on Jul 12, 2018 06:07 pm
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