Thursday, October 10, 2002
Hughes Software, which is scheduled to declare its results
for the second quarter (Q2) ended 30 September 2002 (SQ 2002)
on 11 October 2002, is expected to post a net profit in the
range of Rs 5.23 crore and Rs 9.3 crore. Sales are likely
to decline by 2.72% to 9.4%.
Capitalmarket.com polled three software analysts from different
research organisations to have their assessment on the SQ
2002 results of the company.
Earnings Estimate: Analysts expect the company's net profit
in the range of Rs 5.23 crore and Rs 9.30 crore for SQ 2002
as against Rs 6.30 crore in SQ 2001, a sales growth in the
range of negative 17% and positive 47.6%.
Net profit growth on quarter-on-quarter basis is likely to
rise by 19% to 111.4%. In JQ 2002, the company had posted
a net profit of Rs 4.4 crore.
Sales Estimate: Analysts project the company's sales in the
range of Rs 48.5 crore and Rs 52 crore for SQ 2002 (Rs 53.60
crore in SQ 2001), a drop of 2.72% to 9.4%.
Quarter-on-quarter, sales growth has been forecast somewhere
between 2.45% and 10%. In JQ 2002, the company had recorded
sales of Rs 47.40 crore.
Last updated : February 2, 2004
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