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Ranbaxy's revenue growth to be led by Terapia acquisition
Pharma space's biggie, Ranbaxy will come out with results in a little while from now. CNBC-TV18's research Sunita Nagpal discusses what one can expect form it.
Pharma space's biggie, Ranbaxy will come out with results in a little while from now. CNBC-TV18's research Sunita Nagpal discusses what one can expect form it.
According to CNBC-TV18's earnings estimates, Ranbaxy's Q3CY06's gross revenues are estimated to be up 2.44% from Rs 1303.9 crore to Rs 1596.5 crore. The company is estimated to make net profit of Rs 179.15 crore versus Rs 18.4 crore. Also, EBITDA margin is estimated at 19% in Q3 versus 18% in Q2.
Ranbaxy's revenue growth would be led by the 180-day exclusivity of generic Zocor 80mg and Terapia acquisition. The company's US revenues are estimated at USD 110 million, which includes about USD 20 million from generic Zocor (one week impact).