Alembic Pharma Q2 PAT may dip 49.2% YoY to Rs 169.4 cr: ICICI Direct

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Alembic Pharma, #Brokerage Recos - Sector Report, #Brokerage Results Estimates, #earnings, #healthcare, #ICICI Direct, #Result Poll

India business helped by COVID-19 and lower base of last year rose 57 percent to Rs 481 crore.

ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Healthcare sector. The brokerage house expects Alembic Pharma to report net profit at Rs 169.4 crore down 49.2% year-on-year (up 2.9% quarter-on-quarter).

Net Sales are expected to decrease by 6.5 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs 1,363 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 45 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs 244 crore.

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