Sun Pharma Q1 PAT seen up 8.4% YoY to Rs 3,132.7 cr: ICICI Securities

ICICI Securities has come out with its first quarter (April - June’ 26) earnings estimates for the Pharma sector. The brokerage house expects Sun Pharma to report net profit at Rs 3,132.7 crore up 8.4% year-on-year (up 8.9% quarter-on-quarter).

Net Sales are expected to increase by 5.2 percent Y-o-Y (up 7.7 percent Q-o-Q) to Rs 13,628.1 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15 percent Y-o-Y (up 7.7 percent Q-o-Q) to Rs 3,938.5 crore.

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