Sun Pharma Q2 PAT seen up 12% YoY to Rs. 1,114.8 cr: Emkay

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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. 1,114.8 crore up 12% year-on-year (down 20% quarter-on-quarter).

Net Sales are expected to increase by 15.2 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 7,988.9 crore, according to Emkay.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2 percent Y-o-Y (down 22 percent Q-o-Q) to Rs. 1,557.8 crore.

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