Natco Pharma Q3 PAT seen up 6.1% to Rs 70.3 cr: ICICI Securities

Net Sales are expected to decrease by 1.8 percent Q-o-Q (up 66.4 percent Y-o-Y) to Rs 459.3 crore, according to ICICI Securities.

January 16, 2017 / 12:46 IST

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ICICI Securities has come out with its third quarter (October-December) earnings estimates for the Healthcare sector. The brokerage house expects Natco Pharma to report net profit at 70.3 crore up 6.1% quarter-on-quarter.

Net Sales are expected to decrease by 1.8 percent Q-o-Q (up 66.4 percent Y-o-Y) to Rs 459.3 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.2 percent Q-o-Q (up 79.9 percent Y-o-Y) to Rs 110.2 crore.

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first published: Jan 16, 2017 12:46 pm

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