Prabhudas Lilladher has come out with its third quarter (October-December’ 20) earnings estimates for the Pharma sector. The brokerage house expects Cipla to report net profit at Rs. 351 crore up 77.2% year-on-year (down 5.7% quarter-on-quarter).
Net Sales are expected to increase by 15.3 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 4,234.6 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 68.9 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 621.9 crore.
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