January 13, 2017 / 12:28 IST
KR Choksey has come out with its third quarter (October-December) earnings estimates for the Pharma sector. The brokerage house expects
Alembic Pharma to report net profit at 87.3 crore down 27.1% quarter-on-quarter.
Net Sales are expected to decrease by 18.4 percent Q-o-Q (down 22.1 percent Y-o-Y) to Rs 717.4 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.8 percent Q-o-Q (down 65.2 percent Y-o-Y) to Rs 133.7 crore.
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