Cipla Q3 PAT seen up 73.2% YoY to Rs. 608.1 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Healthcare sector. The brokerage house expects Cipla to report net profit at Rs. 608.1 crore up 73.2% year-on-year (down 8.6% quarter-on-quarter).

Net Sales are expected to increase by 15.7 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 5,057.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 46.7 percent Y-o-Y (down 5.4 percent Q-o-Q) to Rs. 1,112.7 crore.

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