Granules India Q1 PAT seen up 54.7% YoY to Rs 99.2 cr: KRChoksey

KRChoksey has come out with its first quarter (April-June’ 21) earnings estimates for the Pharma sector. The brokerage house expects Granules India to report net profit at Rs 99.2 crore up 54.7% year-on-year (down 39.4% quarter-on-quarter).

Net Sales are expected to decrease by 9.5 percent Y-o-Y (down 22.4 percent Q-o-Q) to Rs 666 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.6 percent Y-o-Y (down 30.3 percent Q-o-Q) to Rs 178.7 crore.

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