Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Pharma sector. The brokerage house expects IPCA Laboratories to report net profit at Rs. 87.9 crore up 34.1% year-on-year (down 19.7% quarter-on-quarter).
Net Sales are expected to increase by 14 percent Y-o-Y (up 16.8 percent Q-o-Q) to Rs. 973.5 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 26.2 percent Y-o-Y (down 17.6 percent Q-o-Q) to Rs. 143.9 crore.
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PL - Consolidated Earnings Estimates
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