ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Healthcare sector. The brokerage house expects Apollo Hospitals to report net profit at Rs. 93.3 crore up 38.4% year-on-year (up 18.2% quarter-on-quarter).
Net Sales are expected to increase by 13.2 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 2,145.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.5 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 271 crore.
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ICICI Direct - Consolidated Estimates Report
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