ICICI Direct has come out with its second quarter (July-September' 18) earnings estimates for the Healthcare sector. The brokerage house expects Lupin to report net profit at Rs. 222.2 crore down 51.2% year-on-year (up 9.6% quarter-on-quarter).
Net Sales are expected to increase by 2 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 4,032.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 27.7 percent Y-o-Y (up 17 percent Q-o-Q) to Rs. 616.4 crore.
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Read More First Published on Oct 12, 2018 05:27 pm
