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    HomeNewsBusinessCipla Q1 PAT seen up 15.6% YoY to Rs 793.7 cr: Nirmal Bang

    Cipla Q1 PAT seen up 15.6% YoY to Rs 793.7 cr: Nirmal Bang

    Net Sales are expected to increase by 14.8 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs 6.171.7 crore, according to Nirmal Bang.

    Broker Research
    July 12, 2023 / 12:24 IST
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    Nirmal Bang has come out with its first quarter (April - June’ 24) earnings estimates for the Pharmaceutical sector. The brokerage house expects Cipla to report net profit at Rs 793.7 crore up 15.6% year-on-year (up 21.4% quarter-on-quarter).

    Net Sales are expected to increase by 14.8 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs 6.171.7 crore, according to Nirmal Bang.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.1 percent Y-o-Y (up 14.1 percent Q-o-Q) to Rs 1,339.3 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Nirmal Bang_Pharmaceutical

    Broker Research
    first published: Jul 12, 2023 12:24 pm

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