Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Healthcare sector. The brokerage house expects Ipca Labs to report net profit at Rs. 207.2 crore up 4.9% year-on-year (down 22.3% quarter-on-quarter).
Net Sales are expected to increase by 3.8 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 1,259 crore, according to Yash Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 70.8 percent Y-o-Y (down 318.5 percent Q-o-Q) to Rs. 293 crore.
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