Cipla Q1 PAT seen up 2% YoY to Rs 1,246.7 cr: ICICI Securities

ICICI Securities has come out with its first quarter (April - June’ 26) earnings estimates for the Pharma sector. The brokerage house expects Cipla to report net profit at Rs 1,246.7 crore up 2% year-on-year (up 5.9% quarter-on-quarter).

Net Sales are expected to increase by 1.8 percent Y-o-Y (up 2.3 percent Q-o-Q) to Rs 6,848.5 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.9 percent Y-o-Y (up 3 percent Q-o-Q) to Rs 1,766.9 crore.

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