Cadila HC Q1 PAT seen up 10.7% YoY to Rs 502.5 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Healthcare sector. The brokerage house expects Cadila HC to report net profit at Rs 502.5 crore up 10.7% year-on-year (down 35.6% quarter-on-quarter).

Net Sales are expected to increase by 5.4 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs 3,836.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.2 percent Y-o-Y (down 3.6 percent Q-o-Q) to Rs 824.8 crore.

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