Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Torrent Pharma to report net profit at Rs. 308 crore down 1.9% year-on-year (up 3.7% quarter-on-quarter).
Net Sales are expected to increase by 4.6 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 2,000.7 crore, according to Sharekhan.
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