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HomeNewsBusinessEarningsDivis Labs Q4 net seen up 10%, generic biz may support topline

Divis Labs Q4 net seen up 10%, generic biz may support topline

Topline growth may be on the back of increased capacity utilisation at new SEZ units and generic business. Analysts feel capacity utilisation rates should rise to 80 percent against 75 percent earlier.

May 27, 2016 / 17:39 IST
     
     
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    Pharma firm Divis Laboratories' fourth quarter profit is seen rising 10 percent to Rs 269 crore and revenue may increase 13 percent to Rs 923.65 crore compared to year-ago period, according to average of estimates of analysts polled by CNBC-TV18. Earnings will be announced on May 28.

    Topline growth may be on the back of increased capacity utilisation at new SEZ units and generic business. Analysts feel capacity utilisation rates should rise to 80 percent against 75 percent earlier.

    Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) is likely to rise 12 percent to Rs 351.6 crore but margin may remain at 38 percent YoY due to favourable business mix.

    first published: May 27, 2016 05:39 pm

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