Sharekhan has come out with its third quarter (October-December’ 18) earnings estimates for the Pharma sector. The brokerage house expects Cadila to report net profit at Rs. 382 crore down 29.7% year-on-year (down 8.6% quarter-on-quarter).
Net Sales are expected to decrease by 6.7 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 3,043 crore, according to Sharekhan.
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