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HomeNewsBusinessFortis Healthcare Q1 PAT may dip 58.3% YoY to Rs 109.8 cr: Prabhudas Lilladher
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Fortis Healthcare Q1 PAT may dip 58.3% YoY to Rs 109.8 cr: Prabhudas Lilladher

Net Sales are expected to increase by 3 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs 1,452.3 crore, according to Prabhudas Lilladher.

July 08, 2022 / 17:56 IST
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Fortis Healthcare | Rakesh Jhunjhunwala's shareholding reduced in the company to 4.23 percent (3,19,50,000 shares) in September 2021 quarter, from 4.31 percent (3,25,50,000 shares) in June quarter.

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Healthcare sector. The brokerage house expects Fortis Healthcare to report net profit at Rs 109.8 crore down 58.3% year-on-year (up 61.6% quarter-on-quarter).

Net Sales are expected to increase by 3 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs 1,452.3 crore, according to Prabhudas Lilladher.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.9 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs 250.7 crore.

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