Oracle Financial Services Q3 PAT seen up 3.5% QoQ to Rs. 364.2 cr: Dolat Capital

Oracle Financial Services Software  | In the last four years, the stock has risen -3 percent to Rs 3098.00, as on November 3. The company's trailing 12-month (TTM) EPS was at Rs 185.81 per share. EPS in FY17 for the stock stood at Rs 139.56.

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Dolat Capital has come out with its third quarter (October-December’ 18) earnings estimates for the Information Technology sector. The brokerage house expects Oracle Financial Services to report net profit at Rs. 364.2 crore up 3.5% quarter-on-quarter (up 25.7% year-on-year).

Net Sales are expected to increase by 5.1 percent Q-o-Q (up 20.4 percent Y-o-Y) to Rs. 1,275.6 crore, according to Dolat Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.9 percent Q-o-Q (up 25.7 percent Y-o-Y) to Rs. 510.2 crore.

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