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Ipca Lab Q1 PAT may dip 53.5% YoY to Rs 207.6 cr: ICICI Direct

Net Sales are expected to decrease by 13.9 percent Y-o-Y (up 18.6 percent Q-o-Q) to Rs 1321.4 crore, according to ICICI Direct.

July 12, 2021 / 07:56 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Healthcare sector. The brokerage house expects Ipca Lab to report net profit at Rs 207.6 crore up 53.5% year-on-year (up 28.8% quarter-on-quarter).


Net Sales are expected to decrease by 13.9 percent Y-o-Y (up 18.6 percent Q-o-Q) to Rs 1321.4 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 50.2 percent Y-o-Y (up 28.1 percent Q-o-Q) to Rs 293.1 crore.


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