Cipla Q1 PAT seen up 15.6% YoY to Rs 793.7 cr: Nirmal Bang

Nirmal Bang has come out with its first quarter (April - June’ 24) earnings estimates for the Pharmaceutical sector. The brokerage house expects Cipla to report net profit at Rs 793.7 crore up 15.6% year-on-year (up 21.4% quarter-on-quarter).

Net Sales are expected to increase by 14.8 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs 6.171.7 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.1 percent Y-o-Y (up 14.1 percent Q-o-Q) to Rs 1,339.3 crore.

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