Dr. Reddy's Laboratories Q3 PAT may dip 2% YoY to Rs. 781.6 cr: Prabhudas Lilladher
Dr Reddy's Labs | Company and Russian Direct Investment Fund (RDIF) commenced clinical trials for Sputnik V vaccine in India. (Image: drreddys.com)
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Prabhudas Lilladher has come out with its third quarter (October-December' 20) earnings estimates for the Pharma sector. The brokerage house expects Dr. Reddy's Laboratories to report net profit at Rs. 781.6 crore down 2% year-on-year (down 9.9% quarter-on-quarter).
Net Sales are expected to increase by 12.3 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 4,397.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.5 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,031.3 crore.
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