Shilpa Medicare Q4 PAT seen up 93.2% to Rs 36.2 cr: ICICI Securities

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Healthcare sector. The brokerage house expects Shilpa Medicare to report net profit at 36.2 crore up 93.2% quarter-on-quarter.

Net Sales are expected to increase by 30.8 percent Q-o-Q (up 33.7 percent Y-o-Y) to Rs 240.1 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 53.4 percent Q-o-Q (up 16 percent Y-o-Y) to Rs 56.3 crore.

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