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Biocon Q3 PAT may dip 1.5% YoY to Rs. 199.7 cr: ICICI Direct

Net Sales are expected to increase by 15.4 percent Y-o-Y (up 15.7 percent Q-o-Q) to Rs. 2,018.1 crore, according to ICICI Direct.

January 18, 2021 / 07:58 PM IST
 
 
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ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Healthcare sector. The brokerage house expects Biocon to report net profit at Rs. 199.7 crore down 1.5% year-on-year (up 18% quarter-on-quarter).


Net Sales are expected to increase by 15.4 percent Y-o-Y (up 15.7 percent Q-o-Q) to Rs. 2,018.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.4 percent Y-o-Y (up 23 percent Q-o-Q) to Rs. 481.4 crore.


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