Aurobindo Pharma Q2 PAT may dip 28.3% YoY to Rs. 560 cr: HDFC Securities

HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Aurobindo Pharma to report net profit at Rs. 560 crore down 28.3% year-on-year (up 9.8% quarter-on-quarter).

Net Sales are expected to decrease by 3.9 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 4,260 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 19.3 percent Y-o-Y (up 15.8 percent Q-o-Q) to Rs. 900 crore.

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