Jan 13, 2017 12:49 PM IST IST | Source: Moneycontrol.com

Indoco Remedies Q3 PAT seen up 3.4% to Rs 22.9 cr: KR Choksey

Net Sales are expected to increase by 5.3 percent Q-o-Q (up 14.5 percent Y-o-Y) to Rs 296 crore, according to KR Choksey.

KR Choksey has come out with its third quarter (October-December) earnings estimates for the Pharma sector. The brokerage house expects Indoco Remedies to report net profit at 22.9 crore up 3.4% quarter-on-quarter.

Net Sales are expected to increase by 5.3 percent Q-o-Q (up 14.5 percent Y-o-Y) to Rs 296 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.9 percent Q-o-Q (up 9.8 percent Y-o-Y) to Rs 47.4 crore.

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