Net Sales are expected to increase by 1.5 percent Q-o-Q (up 12 percent Y-o-Y) to Rs 1416.8 crore, according to Edelweiss
Edelweiss has come out with its first quarter (April-June) earnings estimates for the pharmaceuticals sector. The brokerage house expects Apollo Hospitals to report a 8.8 percent degrowth quarter-on-quarter (degrowth of 24 percent year-on-year) in net profit at Rs 69 crore.
Net Sales are expected to increase by 1.5 percent Q-o-Q (up 12 percent Y-o-Y) to Rs 1416.8 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.1 percent Q-o-Q (down 0.6 percent Y-o-Y) to Rs 180 crore.Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.