Net Sales are expected to decrease by 2 percent Q-o-Q (up 6.9 percent Y-o-Y) to Rs 13428.4 crore, according to Kotak Securities.
Kotak Securities has come out with its second quarter (July-September) earnings estimates for the Technology sector. The brokerage house expects Wipro to report net profit at Rs 1948.3 crore, down 5 percent quarter-on-quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.3 percent Q-o-Q (down 7.4 percent Y-o-Y) to Rs 2577.2 crore.
