Emkay has come out with its second quarter (July-September’ 19) earnings estimates for the Pharmaceuticals sector. The brokerage house expects to report net profit at Rs. 160.2 crore up 34% year-on-year (up 21% quarter-on-quarter).
Net Sales are expected to increase by 12.8 percent Y-o-Y (up 11.3 percent Q-o-Q) to Rs. 1,125.4 crore, according to Emkay.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 34 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 230.7 crore.
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