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Sonata Software Q2 PAT may dip 5.3% QoQ to Rs. 102.1 cr: KR Choksey

Net Sales are expected to decrease by 31.9 percent Q-o-Q (up 25.9 percent Y-o-Y) to Rs. 1,212.2 crore, according to KR Choksey.

October 13, 2022 / 12:05 PM IST
 
 
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Body: KR Choksey has come out with its second quarter (July-September’ 22) earnings estimates for the IT sector. The brokerage house expects Sonata Software to report net profit at Rs. 102.1 crore down 5.3% quarter-on-quarter (up 12% year-on-year).

Net Sales are expected to decrease by 31.9 percent Q-o-Q (up 25.9 percent Y-o-Y) to Rs. 1,212.2 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.9 percent Q-o-Q (up 17.7 percent Y-o-Y) to Rs. 131.1 crore.

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