Sun Pharma Q1 PAT may dip 24.69% YoY to Rs 1713.2 cr: KR Choksey

KR Choksey has come out with its first quarter (April-June) earnings estimates for the Pharma sector. The brokerage house expects Sun Pharma to report net profit at 1713.2 crore down 24.69% year-on-year (12.68% quarter-on-quarter).

Net Sales are expected to decrease by 2.39 percent Q-o-Q (down 16.79 percent Y-o-Y) to Rs 6662 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.13 percent Q-o-Q (down 22.45 percent Y-o-Y) to Rs 2265.1 crore.

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