Infotech Enterprises - Q1FY14 Result Preview - Angel Broking

Infotech Enterprises is slated to announce its 1QFY2014 results today. We expect the company to post revenues of US$87mn, up 1.8% qoq. In rupee terms, revenues are expected to come in at Rs. 498cr. EBITDA margin is expected to inch up by 57bp qoq to 17.6%. PAT is expected to come in at Rs. 54cr.

We maintain our Neutral rating on the stock.

Source : Equity Bulls

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