Moneycontrol
Oct 13, 2017 06:18 PM IST | Source: Moneycontrol.com

Lupin Q2 PAT may dip 38.8% YoY to Rs. 405.3 cr: Kotak

Net Sales are expected to decrease by 5.4 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 4057.2 crore, according to Kotak.

Lupin Q2 PAT may dip 38.8% YoY to Rs. 405.3 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Lupin to report net profit at Rs. 405.3 crore down 38.8% year-on-year (up 13.2% quarter-on-quarter).


Net Sales are expected to decrease by 5.4 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 4057.2 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 19.7 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 825.4 crore.


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