HomeNewsBusinessAlembic Pharma Q1 PAT may dip 20.3% YoY to Rs 240.2 cr: ICICI Direct
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Alembic Pharma Q1 PAT may dip 20.3% YoY to Rs 240.2 cr: ICICI Direct

Net Sales are expected to decrease by 4 percent Y-o-Y (up 6 percent Q-o-Q) to Rs 1,287.6 crore, according to ICICI Direct.

July 12, 2021 / 19:35 IST
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Healthcare sector. The brokerage house expects Alembic Pharma to report net profit at Rs 240.2 crore down 20.3% year-on-year (down 4.2% quarter-on-quarter).

Net Sales are expected to decrease by 4 percent Y-o-Y (up 6 percent Q-o-Q) to Rs 1,287.6 crore, according to ICICI Direct.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 16.2 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs 341.2 crore.

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