HomeNewsBusinessEarningsBiocon Q3 PAT seen up 105.4% YoY to Rs. 188.7 cr: ICICI Direct
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Biocon Q3 PAT seen up 105.4% YoY to Rs. 188.7 cr: ICICI Direct

Net Sales are expected to increase by 30.7 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 1,382.4 crore, according to ICICI Direct.

Moneycontrol News
January 11, 2019 / 17:26 IST
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Kiran Mazumdar-Shaw | Company: Chairperson, Biocon | Net worth: $4.6 billion | She added $2.22 billion to her wealth, taking her net worth to $4.6 billion in 2020, from $2.38 billion in 2019. It marked the highest gain in percentage terms at 93.28 percent among India's 100 richest persons. (Image: Reuters)
Kiran Mazumdar-Shaw | Company: Chairperson, Biocon | Net worth: $4.6 billion | She added $2.22 billion to her wealth, taking her net worth to $4.6 billion in 2020, from $2.38 billion in 2019. It marked the highest gain in percentage terms at 93.28 percent among India's 100 richest persons. (Image: Reuters)

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Healthcare sector. The brokerage house expects Biocon to report net profit at Rs. 188.7 crore up 105.4% year-on-year (up 13.8% quarter-on-quarter).

Net Sales are expected to increase by 30.7 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 1,382.4 crore, according to ICICI Direct.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 63.3 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 362.1 crore.

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