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He is positive on Dr Reddy mainly because the company is going to benefit significantly in FY14 and FY15 from the new launches and at the same time the margins will also be higher. He does not expect any major surprise coming in Lupins' quarterly result.
The generic drugs maker's earnings will be boosted by strong growth in the US and Russian generics drugs market and better currency realisations.
Emkay Equity Advisory expects Dr Reddys Laboratories to report a 6.6 percent degrowth quarter-on-quarter (growth of 27.6 percent year-on-year) in net profit at Rs 450.3 crore.
Motilal Oswal expects Dr Reddys Laboratories to report a 17.9 percent degrowth quarter-on-quarter (growth of 17.1 percent year-on-year) in net profit at Rs 290.7 crore.
Motilal Oswal has come with its March`13 quarterly earning estimates for healthcare sector. The research firm expects a top line growth of 17.4% YoY and EBITDA growth of 21.3% YoY for our pharma universe (excluding one-offs).
Strong growth in US generic drug sales will continue to drive revenue growth for Dr Reddy's Laboratories. The pharma major will report its third quarter earnings on Thursday.
Motilal Oswal has come out with its earnings estimates for pharmaceuticals sector for the quarter ended December 2012. The research firm expects the topline to grow by 22 percent, EBITDA by 21 percent on the back of strong operational performance by Ranbaxy, Glenmark, Strides, Torrent and Divi's.
Prabhudas Lilladher has come out with its earnings estimates for pharmaceuticals sector for the quarter ended December 2012. The research firm expects top-line growth of 24 percent YoY for its coverage universe (excluding one-offs), with EBITDA growth at a robust 24 percent YoY.
Angel Broking has come out with earning expectations for pharmaceutical sector for the October-December quarter of 2012. The research firm expects the Indian pharma sector to post lackluster numbers for 3QFY2013 on the sales front.
With the September quarter earnings season just concluded, analysts are now taking stock of the numbers, and the hits and misses.
Umang Vohra, executive VP and CFO, Dr Reddy‘s Laboratories explains to CNBC-TV18 that product launches have caused the surge in the pharma giant's quarterly EBITDA.
Centrum Broking‘s Ranjit Kapadia explains to CNBC-TV18 that the performance of Dr Reddy's 18 new products is key to a revision of the management‘s guidance.
Dr Reddy's Laboratories' profit after tax is likely to go up by 19 percent year-on-year to Rs 365 crore in the second quarter of financial year 2012-13.
Dr Reddy's Laboratories' profit after tax is likely to go up by 19 percent year-on-year to Rs 365 crore in the second quarter of financial year 2012-13.
In an interview to CNBC-TV18 Bino Pathiparampil of IIFL shared his expectation from various pharmaceutical companies ahead for their earnings.
In an interview to CNBC-TV18 Dilip Bhat of Prabhudas Lilladher gave readings on the first quarter numbers of stocks across various sectors like Dr Reddy's, Hero Moto Corp and Bhat is bullish on both these stocks.
Pharma major Dr Reddy's Labs (DRL) is going to declare its results for the April-June quarter today. Analysts on average expect the company to mirror last quarter's performance.
Pharma major Dr Reddy's Labs (DRL) is going to declare its results for the April-June quarter today. Analysts on average expect the company to mirror last quarter's performance.
Motilal Oswal expects topline growth of 22% YoY for their Healthcare universe (excluding one-offs), with robust EBITDA growth of 35% YoY. Adjusted PAT is likely to grow 11% YoY, says Motilal Oswal.
GV Prasad VC & CEO, Dr Reddy Laboratories explains to CNBC-TV18 that the reason for company‘s good performance for the quarter is the robust growth in the US, Russia and the API business
Pharmaceutical company Dr Reddy's Labs is expected to report a growth of 28% year-on-year in its profit after tax of Rs 429 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Pharmaceutical company Dr Reddy's Labs is expected to report a growth of 28% year-on-year in its profit after tax of Rs 429 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
According to the report on earnings preview for the quarter ended March 2012, KR Choksey expects the pharma sector will show strong performance in the domestic pharmaceuticals market mainly due to recovery in Indian pharma market.
Dr Reddy’s also has slew of significant new launches lined-up ahead. It would also be launching a biosimilar product every year beginning with the Indian market. These products are expected to drive company's near-term growth.
Pharmaceutial firm Dr Reddy's Laboratories is expected to report a profit after tax of Rs 425 crore in the third quarter of FY12, a massive growth of 55.5% as compared to Rs 273 crore in a year ago quarter.