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Syngene International Q3 PAT seen up 1.5% YoY to Rs. 83.3 cr: ICICI Direct

Net Sales are expected to increase by 11.2 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 431.1 crore, according to ICICI Direct.

January 11, 2019 / 06:11 PM IST
 
 
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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Healthcare sector. The brokerage house expects Syngene International to report net profit at Rs. 83.3 crore up 1.5% year-on-year (up 6.3% quarter-on-quarter).


Net Sales are expected to increase by 11.2 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 431.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.5 percent Y-o-Y (up 9.1 percent Q-o-Q) to Rs. 138.2 crore.


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