Sharekhan has come out with its third quarter (October-December’ 18) earnings estimates for the Pharma sector. The brokerage house expects Suven to report net profit at Rs. 27.2 crore down 21.4% year-on-year (up 51% quarter-on-quarter).
Net Sales are expected to decrease by 23.2 percent Y-o-Y (up 40.8 percent Q-o-Q) to Rs. 126 crore, according to Sharekhan.
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