Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Pharma sector. The brokerage house expects IPCA Laboratories to report net profit at Rs. 105.8 crore up 106.1% year-on-year (down 34% quarter-on-quarter).
Net Sales are expected to increase by 24.2 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 970.8 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 54.2 percent Y-o-Y (down 27.7 percent Q-o-Q) to Rs. 167.6 crore.
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