HomeNewsBusinessEarningsTorrent Pharma Q4 PAT may dip 8.3% to Rs 209.9 cr: ICICI Securities

Torrent Pharma Q4 PAT may dip 8.3% to Rs 209.9 cr: ICICI Securities

Net Sales are expected to increase by 3.4 percent Q-o-Q (down 0.4 percent Y-o-Y) to Rs 1492.7 crore, according to ICICI Securities. Torrent Pharma to report net profit at 209.9 crore down 8.3% quarter-on-quarter.

April 17, 2017 / 13:56 IST
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ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Healthcare sector. The brokerage house expects Torrent Pharma to report net profit at 209.9 crore down 8.3% quarter-on-quarter.

Net Sales are expected to increase by 3.4 percent Q-o-Q (down 0.4 percent Y-o-Y) to Rs 1492.7 crore, according to ICICI Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.5 percent Q-o-Q (down 32.4 percent Y-o-Y) to Rs 327.1 crore.

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