Fortis Q4 PAT seen up 2.4% to Rs 34.7 cr: ICICI Securities

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Healthcare sector. The brokerage house expects Fortis to report net profit at 34.7 crore up 2.4% quarter-on-quarter.

Net Sales are expected to increase by 4.3 percent Q-o-Q (up 8.6 percent Y-o-Y) to Rs 1181.9 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8 percent Q-o-Q (up 236.6 percent Y-o-Y) to Rs 121.2 crore.

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