Moneycontrol
Oct 13, 2017 06:20 PM IST | Source: Moneycontrol.com

Sun Pharmaceuticals Q2 PAT may dip 62.3% YoY to Rs. 848.7 cr: Kotak

Net Sales are expected to decrease by 15.2 percent Y-o-Y (up 12.8 percent Q-o-Q) to Rs. 7006.1 crore, according to Kotak.

Sun Pharmaceuticals Q2 PAT may dip 62.3% YoY to Rs. 848.7 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Sun Pharmaceuticals to report net profit at Rs. 848.7 crore down 62.3% year-on-year.


Net Sales are expected to decrease by 15.2 percent Y-o-Y (up 12.8 percent Q-o-Q) to Rs. 7006.1 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 54.6 percent Y-o-Y (up 31.2 percent Q-o-Q) to Rs. 1437.4 crore.


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