Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Laurus Labs to report net profit at Rs. 232.2 crore up 366.3% year-on-year (up 5.6% quarter-on-quarter).
Net Sales are expected to increase by 56.6 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 1,314.3 crore, according to Sharekhan.
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