At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
Net Sales are expected to increase by 14.5 percent Q-o-Q (up 27.2 percent Y-o-Y) to Rs 2902.7 crore, according to ICICI Securities. Glenmark to report net profit at 590 crore up 28.3% quarter-on-quarter.
For US business, the company may benefit from USD 2.6 billion worth Zetia generic, a cholesterol drug that launched with exclusivity on December 12 in US. Analysts expect the company to make USd 200-250 million from Zetia in 6 months.
Net Sales are expected to increase by 0.9 percent Q-o-Q (down 27.1 percent Y-o-Y) to Rs 2190 crore, according to HDFC Securities.
Net Sales are expected to increase by 11.6 percent Q-o-Q (up 39.6 percent Y-o-Y) to Rs 2482.5 crore, according to ICICI Securities.
Glenn Saldanha says Zetia Generic - a drug to keep a check on cholestrol levels - will be launched on December 12. The launch could see USD 200-250 million in revenues. The company is going to use the money from here to bring down company's debt.
Glenmark Pharma is expected to report a 24 percent growth in second quarter profit at Rs 245 crore on yearly basis but margin may contract by 160 basis points to 19.4 percent, according to analysts polled by CNBC-TV18.
The company is expecting strong growth in the current fiscal both from India and US. Major approvals are expected to drive growth for Glenmark, says Chairman and Managing Director Glenn Saldanha.
Surajit Pal of Prabhudas Lilladher talks about Sun Pharma and Glenmark's June quarter earnings.
Analysts expect a slowdown in growth for the quarter against preceding quarter (when topline grew 30 percent YoY) due to a slower than estimated growth in India and Latin America businesses.
Sales are expected to decrease by 17.9 percent Q-o-Q (up 14.4 percent Y-o-Y) to Rs 1893.6 crore, according to Religare Research.
Net Sales are expected to decrease by 13.7 percent Q-o-Q (up 15.9 percent Y-o-Y) to Rs 1904 crore, according to Edelweiss
With the big product launch of Ezetimibe (a cholesterol-lowering drug), company's topline revenue to be over 25 percent, where 45 percent will be contributed by the US and 20-25 percent by the Indian business, says Glenn Saldanha, Chairman & MD of Glenmark Pharmaceuticals.
EBITDA in Q4 may jump to Rs 388.3 crore against Rs 281.4 crore whil operating profit margin may stand at 20.7 percent from 16 percent year-on-year.
Two leading pharma companies, Dr Reddy's and Glenmark, are slated to post fourth-quarter earnings today and chances are both firms may disappoint, says Surajit Pal, Pharma Analyst at Prabhudas Lilladher.
Analysts feel US business is likely to pick up, aiding overall revenue growth of the company. They expect revenue growth of around USD 94-95 million against USD 92.34 million in preceding quarter. The company has received around 12 USFDA approvals in FY16 against 5 each in FY14 & FY15, respectively.
Analysts expect sluggish sales in Russia/CIS & Brazil due to adverse currency movement. Around 10 percent of Glenmark' sales comes in Brazil, Russia & Euro.
Given the numbers and the valuations the brokerage house would refrain from hiking the target price for Cipla from the current Rs 1070, Bhavesh Gandhi.
Analysts expect US growth momentum (that picked up in Q4FY15) to continue in June quarter as well. US business is expected to be USD 92 million against USD 86.16 million in March quarter as approvals in the US picked up.
Sarabjit Kaur Nangra of Angel Broking is neutral on Cipla as of now because the price has run up ahead of fundamentals.
According to CMD Glenn Saldanha, emerging markets will see positive growth for the company in FY16. The company continues to invest in emerging markets.
Glenmark Pharma's fourth quarter profit is expected to increase 4.4 times year-on-year to Rs 191 crore against Rs 43 crore, according to a CNBC-TV18 poll.
Hitesh Mahida is bullish on Cipla, Glenmark and Dr Reddy‘s Laboratories from the large cap pharma space and suggests caution on Lupin for now.
Glenmark Pharma reported a 46.92 percent dip in its consolidated net profit at Rs 114.77 crore for the quarter ended December 31, 2014, mainly due to forex losses and increased expenses. The company had posted a profit after tax and minority interest of Rs 216.23 crore for the corresponding period of the previous fiscal.
Glenmark Pharma's third quarter profit after tax is expected to fall 15.2 percent year-on-year to Rs 181.5 crore, according to a CNBC-TV18 poll.
Glenn Saldanha, chief executive officer, Glenmark says that while the US business has been a drag, India business has been an outperformer for the company.