Divi’s Lab Q2 PAT seen up 33% YoY to Rs. 275.1 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Healthcare sector. The brokerage house expects Divi’s Lab to report net profit at Rs. 275.1 crore up 33% year-on-year (up 3.4% quarter-on-quarter).

Net Sales are expected to increase by 13.7 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 1,012.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.5 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 364.5 crore.

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