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Operating profit (earnings before interest, tax, depreciation and amortisation) in Q3 is likely to jump 40 percent to Rs 857 crore and margin may expand 430 basis points to 23.6 percent compared to year-ago period.
US business, which is around 58 percent of formulation sales, is likely to grow over 30 percent led by more than 20 ANDA (abbreviated new drug application) launches over last six months (including Suprax - used for treatment of bacterial infections - in Q1).
During June quarter, revenue growth may be aided by improving US and anti-retrovirals (ARV) sales. US business (which contributes around 50 percent to sales) is expected to grow 25-30 percent on the back of 5-6 ANDA launches (including Suprax
Aurobindo Pharma's fourth quarter profit is seen falling 19 percent year-on-year to Rs 408 crore, according to a CNBC-TV18 poll.
Aurobindo Pharma came out with a great set of numbers this quarter.
Aurobindo Pharma surpassed all street expectations in third quarter FY14 with highest ever profit numbers. A healthy and improved product mix and increase in sale of high margin products has pushed profitability higher for the company, reports CNBC TV18‘s Archana Shukla.
Sales of Aurobindo Pharma are expected to increase by 7.7 percent QoQ (up 22.1 percent YoY) to Rs 1,831.3 crore, according to Prabhudas Lilladher.
Emkay Equity Advisory expects Aurobindo Pharma to report a 25.5 percent growth quarter-on-quarter (rise of 175.6 percent year-on-year) in net profit at Rs 137.5 crore.
Prabhudas Lilladher expects Aurobindo Pharma to report a 96.1 percent degrowth quarter-on-quarter (fall of 103.3 percent year-on-year) in net profit at Rs 4.2 crore.
Aurobindo Pharma is set to announce its results for the quarter ended June 2012 today. Analysts on an average expect the company to report profit after tax of around Rs 75 crore during the quarter as against loss of Rs 122 crore in a year ago period, but the PAT is likely to fall by 30.55% quarter-on-quarter.
Emkay Global Financial Services has come with its December quarterly earning estimates for pharmaceutical sector. According to the research firm the sector is expected to report a growth of 18% YoY (5% QoQ) in revenues partly driven by Rupee depreciation which is likely to be 4-5% of the overall growth.
Angel Broking has come out with its earning estimates on pharma sector for the quarter ended September 2011. According to the research firm, Aurobindo Pharma September quarter net sales are expected to go up by 18.7% at Rs 1,238 crore, year-on-year, (YoY) basis.
Mid-sized Indian drugmakers are expected to post steady to strong revenue growth in April-June, riding healthy domestic and overseas demand, but higher would crimp margins.
Aurobindo Pharma is to announce its FY11 revenues are seen up 20% at Rs 4276 crore versus Rs 3575 crore.
Angel Broking has come out with its earning estimates on the pharmaceutical sector for the quarter ended December 2010. According to the research firm, Aurobindo Pharma December quarter net sales are expected to go up by 11% to Rs 935 crore, Year-on-Year, (Y-o-Y) basis.
Karvy Stock Broking has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Aurobindo Pharmaceuticals December quarter sales are expected to go up by 23.4% at Rs 1129.9 crore, Year-on-Year, (YoY) basis.
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Aurobindo Pharm December quarter sales are expected to go up by 23% to Rs 1125.9 crore, Year-on-Year, (Y-o-Y) basis.