HomeNewsBusinessSun Pharma Q4 PAT may dip 0.9% to Rs 1458.4 cr: ICICI Securities

Sun Pharma Q4 PAT may dip 0.9% to Rs 1458.4 cr: ICICI Securities

Net Sales are expected to decrease by 5.9 percent Q-o-Q (down 2.4 percent Y-o-Y) to Rs 7449.4 crore, according to ICICI Securities. Sun Pharma to report net profit at 1458.4 crore down 0.9% quarter-on-quarter.

April 17, 2017 / 13:55 IST
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ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Healthcare sector. The brokerage house expects Sun Pharma to report net profit at 1458.4 crore down 0.9% quarter-on-quarter.

Net Sales are expected to decrease by 5.9 percent Q-o-Q (down 2.4 percent Y-o-Y) to Rs 7449.4 crore, according to ICICI Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.5 percent Q-o-Q (down 4.1 percent Y-o-Y) to Rs 2416.1 crore.

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