Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Granules to report net profit at Rs. 122.7 crore up 253.6% year-on-year (down 16.4% quarter-on-quarter).
Net Sales are expected to increase by 36.2 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 817.2 crore, according to Sharekhan.
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