Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Cipla to report net profit at Rs. 609 crore up 147.8% year-on-year (down 18.5% quarter-on-quarter).
Net Sales are expected to increase by 15 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 5,031.7 crore, according to Sharekhan.
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