Dr. Reddy’s Q2 PAT may dip 10% YoY to Rs. 455.9 cr: Emkay

Emkay has come out with its second quarter (July-September’ 19) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Dr. Reddy’s to report net profit at Rs. 455.9 crore down 10% year-on-year (down 31% quarter-on-quarter).

Net Sales are expected to increase by 9.7 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 4,167.1 crore, according to Emkay.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 805.2 crore.

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