Cipla Q1 PAT may dip 7.5% YoY to Rs 534.3 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 Cipla to report net profit at Rs 534.3 crore down 7.5% year-on-year (up 29.3% quarter-on-quarter).

Net Sales are expected to increase by 11 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs 4,822.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 5.7 percent Y-o-Y (up 24.2 percent Q-o-Q) to Rs 988.6 crore.

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