HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Dishman Carbogen to report net profit at Rs. 40 crore down 12.2% year-on-year (up 7.2% quarter-on-quarter).
Net Sales are expected to increase by 3.1 percent Y-o-Y (down 5.1 percent Q-o-Q) to Rs. 460 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.9 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 120 crore.
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