HomeNewsBusinessCipla Q4 PAT seen up 7.3% to Rs 326.3 cr: ICICI Securities
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Cipla Q4 PAT seen up 7.3% to Rs 326.3 cr: ICICI Securities

Net Sales are expected to increase by 5.6 percent Q-o-Q (up 17.9 percent Y-o-Y) to Rs 3852.5 crore, according to ICICI Securities. Cipla to report net profit at 326.3 crore up 7.3% quarter-on-quarter.

April 17, 2017 / 13:17 IST
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An employee works at the reception area of Cipla at its headquarters in Mumbai, India June 17, 2015. Cipla Ltd, India's fourth-largest drugmaker by sales, is planning to enter Latin America and Eastern Europe to tap into growing demand for generic drugs in emerging markets, Chief Executive Subhanu Saxena said.REUTERS/Danish Siddiqui - RTX1GUYK
An employee works at the reception area of Cipla at its headquarters in Mumbai, India June 17, 2015. Cipla Ltd, India's fourth-largest drugmaker by sales, is planning to enter Latin America and Eastern Europe to tap into growing demand for generic drugs in emerging markets, Chief Executive Subhanu Saxena said.REUTERS/Danish Siddiqui - RTX1GUYK

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Healthcare sector. The brokerage house expects Cipla to report net profit at 326.3 crore up 7.3% quarter-on-quarter.

Net Sales are expected to increase by 5.6 percent Q-o-Q (up 17.9 percent Y-o-Y) to Rs 3852.5 crore, according to ICICI Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.2 percent Q-o-Q (up 60.1 percent Y-o-Y) to Rs 706.2 crore.

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