Sharekhan has come out with its second quarter (July-September’ 18) earnings estimates for the Pharma sector. The brokerage house expects Aurobindo to report net profit at Rs. 600 crore down 23.1% year-on-year (up 14.6% quarter-on-quarter).
Net Sales are expected to increase by 6.3 percent Y-o-Y (up 10.9 percent Q-o-Q) to Rs. 4,714 crore, according to Sharekhan.
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