KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Pharma sector. The brokerage house expects Sun Pharma to report net profit at Rs. 944.4 crore down 29.8% year-on-year (up 158.5% quarter-on-quarter).
Net Sales are expected to decrease by 2.4 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 6,664.1 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.8 percent Y-o-Y (up 7.3 percent Q-o-Q) to Rs. 1,559.4 crore.
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