Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Pharmaceuticals sector. The brokerage house expects Strides Pharma Science to report net profit at Rs. 72.3 crore down 488.7% year-on-year (up 51.6% quarter-on-quarter).
Net Sales are expected to increase by 31 percent Y-o-Y (down 2.6 percent Q-o-Q) to Rs. 810.3 crore, according to Sharekhan.
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