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Pharmaceutical companies are expected to report healthy 15-25% year-on-year revenue growth in the third quarter, helped by new launches especially in the US and strong demand for generic drugs.
Emkay Global Financial Services has come with its December quarterly earning estimates for pharmaceutical sector. According to the research firm the sector is expected to report a growth of 18% YoY (5% QoQ) in revenues partly driven by Rupee depreciation which is likely to be 4-5% of the overall growth.
In an interview to CNBC-TV18, Uday Baldota of Sun Pharma says the results of Taro, have been boosted by lack of competition and Forex gains. With 'very strong numbers' reported by Taro this quarter, Badola says its delisting process is still ongoing.
Sun Pharma is to announce its first quarter results. According to CNBC-TV18's estimates, the company's Q1FY12 revenues are seen up 22% to Rs 1709 crore versus Rs 1400 crore, year-on-year, YoY.
Pharmaceutical sector has been in the pink of health this year with most stocks outperforming the broader market since the beginning of April. However, there could be some suffering ahead.
PINC Research has come out with its earning estimates on pharma sector for the quarter ended June 2011. According to the research firm, Sun Pharma's June quarter net revenues are expected to go up by 21.6% at Rs 1702.1 crore, year-on-year, (YoY) basis.
Sun Pharmaceutical is eyeing revenue growth of 28-30% in FY12, said Uday Baldota of Sun Pharma. In an interview to CNBC-TV18, Baldota said that Taro Pharmaceutical Industries reported strong margins this quarter.
The score card is out and it’s been a mixed bag. Amidst inflationary worries and volatile global cues, many bigwigs disappointed this quarter while others came out with flying colours.
Motilal Oswal has come out with its earning estimates on Pharmaceuticals sector for the quarter ended March 2011. According to the research firm, Sun Pharma March quarter sales are expected to go up by 29.1% at Rs 1432.1 crore, year-on-year, (YoY) basis.
Country's largest drugmaker by market value Sun Pharmaceutical is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up by 32% to Rs 446 crore in Q3FY11 as against Rs 339 crore in Q3FY10.
Angel Broking has come out with its earning estimates on the pharmaceutical sector for the quarter ended December 2010. According to the research firm, Sun Pharma December quarter net sales are expected to go up by 48.2% to Rs 1,513 crore, Year-on-Year, (Y-o-Y) basis.
Karvy Stock Broking has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Sun Pharmaceutical Industries December quarter sales are expected to go up by 48.31% at Rs 1514.1 crore, Year-on-Year, (YoY) basis.
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Sun Pharma December quarter sales are expected to go up by 55.3% to Rs 1585.9 crore, Year-on-Year, (Y-o-Y) basis.