Dr. Reddy’s Laboratories Q2 PAT may dip 11.5% YoY to Rs 752.2 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the Pharma sector. The brokerage house expects Dr. Reddy’s Laboratories to report net profit at Rs 752.2 crore down 11.5% year-on-year (up 33.3% quarter-on-quarter).

Net Sales are expected to increase by 4.9 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs 5,153.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.1 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs 1,159.5 crore.

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