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Kotak, which sees 2.4% growth in topline, also forecasts 12% YoY growth for India
Net Sales are expected to increase by 1.9 percent Y-o-Y (up 2.3 percent Q-o-Q) to Rs. 3,905 crore, according to Sharekhan.
Net Sales are expected to increase by 4.7 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 4,015.2 crore, according to ICICI Direct.
For Lupin, Credit Suisse sees margin improving but weak Tamiflu season could be an overhang.
The pharma major reported a rise of 77 percent (year-on-year) in its net profit at Rs 503.8 crore. The company had reported a profit of Rs 284.9 crore during the same period of last year.
The effect of Suboxone based on US court order is likely to weigh as well.
Net Sales are expected to increase by 10.8 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 3,930 crore, according to HDFC Securities.
Net Sales are expected to increase by 5.3 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 3,750 crore, according to Sharekhan.
Net Sales are expected to increase by 8.4 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 3,857.7 crore, according to ICICI Direct.
Net Sales are expected to increase by 9.7 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 3,638.8 crore, according to Kotak.
"For the first time after six consecutive quarters, the pharma companies under our coverage will report double digit YoY growth of 13 percent in revenues,” said HDFC Securities
Net Sales are expected to increase by 11.1 percent Y-o-Y (down 3.7 percent Q-o-Q) to Rs. 3,663.7 crore, according to KR Choksey.
Net Sales are expected to increase by 1 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 3,590 crore, according to HDFC Securities.
Net Sales are expected to decrease by 3.7 percent Y-o-Y (down 10.1 percent Q-o-Q) to Rs. 3,421.2 crore, according to Edelweiss.
Analysts predict the last quarter of FY18 to be mixed bag with revenues expected to remain almost flat to a growth of lower single digit on year-on-year basis. The net profit is predicted to decline by around 9-10 percent.
From the pharmaceutical space, Dr Reddys Laboratories (DRL) reported a mixed set of earnings this quarter. In an interview to CNBC-TV18, Saumen Chakraborty, CFO of DRL discussed the company's Q3 performance.
As Indian drug makers brace up to report their third quarter earnings in the days ahead, analysts predict Q3 FY18 to be mixed bag with revenues expected to remain flat on year-on-year basis, though on sequential basis things may look much better.
The USFDA granted 246 nods in Q3FY18, which is the highest-ever approvals in a single quarter. Cadila Healthcare received 23 and Aurobindo Pharma got 18 approvals.
Consolidated revenue during the quarter is seen rising 3 percent year-on-year to Rs 3,684 crore due to restocking post GST, according to average of estimates of analysts polled by CNBC-TV18.
Net Sales are expected to increase by 5.6 percent Y-o-Y (up 14.2 percent Q-o-Q) to Rs. 3787.8 crore, according to Kotak.
Expectations were running low on account of pre-GST implementation adjustments in the quarter, and overall, the Nifty earnings have not resulted in any incremental negative surprise.
In an interview to CNBC-TV18, Amey Chalke of HDFC Securities spoke about Q1 FY18 earnings from pharma sector.
Revenue is seen rising 4.6 percent year-on-year to Rs 3,383 crore in June quarter, according to average of estimates of analysts polled by CNBC-TV18.
In an interview to CNBC-TV18, Chander Agarwal, MD & CEO, TCI Express spoke about the results and his outlook for the company.
Brokerages largely remain optimistic about the pharma major’s improvement in US business as well as reduced regulatory risks, while some also highlight the seriousness of US FDA’s observations at some of its plants.