HomeNewsBusinessEarningsCipla Q3 PAT seen up 74.3% YoY to Rs. 612 cr: Yash Securities

Cipla Q3 PAT seen up 74.3% YoY to Rs. 612 cr: Yash Securities

Net Sales are expected to increase by 14 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 4985 crore, according to Yash Securities.

January 22, 2021 / 12:59 IST
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Cipla | The stock has fallen	-6	 percent to Rs	801.30	 as on January 18 from Rs 	856.55	 as on January 11.
Cipla | The stock has fallen -6 percent to Rs 801.30 as on January 18 from Rs  856.55 as on January 11.

Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Healthcare sector. The brokerage house expects Cipla to report net profit at Rs. 612 crore up 74.3% year-on-year (down 8% quarter-on-quarter).

Net Sales are expected to increase by 14 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 4985 crore, according to Yash Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 357.4 percent Y-o-Y (down 243 percent Q-o-Q) to Rs. 1,043 crore.

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