MOST eyeing 8-10% profit growth this qtr

MOST eyeing 8-10% profit growth this qtr

Rajat Rajgarhia, Head of Institutional Research at Motilal Oswal Securties is still looking at a strong topline growth boosted by oil and some metals. He is estimating an average EBIDTA

(Earnings Before Interest, Taxes, Depreciation and Amortization) growth of 18-20% for the Sensex.

According to Rajgarhia, many companies may see forex losses in this quarter. See sprofit growth of 8-10% in this quarter. He sees the overall net profit growth in 8-11% range