Name: Latest research reports of Unichem Laboratories Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Unichem Laboratories Ltd.
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Author: Karvy

Unichem Labs: Q3FY17 Result Review: Margins move up despite ... (Jan 24, 2017)

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Karvy

Net Revenues for the quarter grew by 16.4 % YoY to Rs 3599 mn and were higher than our expectation of Rs 3495 mn due to higher other operating income. EBDITAM for the quarter was up from 11 % to 12.3 % YoY (our expectation of 11.4 %). Profits for the quarter were higher by 26.1 % YoY to Rs 261 mn (despite tax rate of 30.6%) as against our expectation of Rs 229 mn. Revenue Details: Domestic formulations revenues grew at 6.3 % YoY to Rs 2036 mn, lower than our expectation of Rs 2040 mn.