Sun Pharmaceuticals Q2 PAT may dip 62.3% YoY to Rs. 848.7 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Sun Pharmaceuticals to report net profit at Rs. 848.7 crore down 62.3% year-on-year.

Net Sales are expected to decrease by 15.2 percent Y-o-Y (up 12.8 percent Q-o-Q) to Rs. 7006.1 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 54.6 percent Y-o-Y (up 31.2 percent Q-o-Q) to Rs. 1437.4 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.