Sharekhan has come out with its second quarter (July-September’ 18) earnings estimates for the Pharma sector. The brokerage house expects Dr. Reddy’s Lab to report net profit at Rs. 356.1 crore up 20.2% year-on-year (down 23.9% quarter-on-quarter).
Net Sales are expected to increase by 5.3 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 3,750 crore, according to Sharekhan.
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