Moneycontrol
Jan 13, 2017 01:12 PM IST | Source: Moneycontrol.com

Dr. Reddy‘s Q3 PAT seen up 14.3% to Rs 353.1 cr: KR Choksey

Net Sales are expected to increase by 0.4 percent Q-o-Q (down 8.5 percent Y-o-Y) to Rs 3632 crore, according to KR Choksey.

 
 
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KR Choksey has come out with its third quarter (October-December) earnings estimates for the Pharma sector. The brokerage house expects Dr. Reddy’s to report net profit at 353.1 crore up 14.3% quarter-on-quarter.


Net Sales are expected to increase by 0.4 percent Q-o-Q (down 8.5 percent Y-o-Y) to Rs 3632 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.8 percent Q-o-Q (down 37.1 percent Y-o-Y) to Rs 631.1 crore.

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