ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Healthcare sector. The brokerage house expects Alembic Pha to report net profit at Rs. 280.9 crore up 19.9% year-on-year (down 15.7% quarter-on-quarter).
Net Sales are expected to increase by 17.7 percent Y-o-Y (down 2.4 percent Q-o-Q) to Rs. 1,422.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.6 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs. 398.4 crore.
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