Sharekhan has come out with its third quarter (October-December’ 18) earnings estimates for the Pharma sector. The brokerage house expects Glenmark to report net profit at Rs. 206.5 crore up 96.7% year-on-year (down 16.4% quarter-on-quarter).
Net Sales are expected to increase by 13.2 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 2,494 crore, according to Sharekhan.
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Sharekhan Earnings Estimates - Pharma Sector
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