Sun Pharmaceuticals Q1 PAT seen up 68.7% YoY to Rs. 886.9 cr: Kotak

Kotak has come out with its first quarter (April-June’ 18) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Sun Pharmaceuticals to report net profit at Rs. 886.9 crore up 68.7% year-on-year (down 15.6% quarter-on-quarter).

Net Sales are expected to increase by 14.3 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 7,096.3 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 38.8 percent Y-o-Y (down 9.7 percent Q-o-Q) to Rs. 1,520.6 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.