Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Abbott India to report net profit at Rs. 172.8 crore up 55.7% year-on-year (down 2.4% quarter-on-quarter).
Net Sales are expected to increase by 4 percent Y-o-Y (down 8.8 percent Q-o-Q) to Rs. 999.6 crore, according to Sharekhan.
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