Thursday 12 May 2016

Zydus Wellness: Q4 net profit set to rise yoy; fall qoq

Operating Profit Margin is likely to be at 22%, with a yoy rise of 797 bps and 30 bps qoq.

Zydus Wellness
Zydus Wellness Ltd.,producers and marketers of wellness products, will announce its financial results on May 12 for the fourth quarter ended March 31, 2016.
 
IIFL estimates the company’s net profit to rise to Rs.26 crore at 26.1% qoq; however, it is likely to fall 5.8% yoy.
 
As per IIFL’s forecast, the company’s net revenue for Q4 FY16 is expected to surge to Rs.109 crore at a rate of 12% yoy and fall of 0.9% qoq.
 
Operating Profit Margin is likely to be at 22%, with a yoy rise of 797 bps and 30 bps qoq.
 
Other key quarterly results on May 12 include Dr Reddy’s Lab, ITD Cementation India, Firstsource Solutions, Graphite India, Lumax Auto Technologies, Magma Fincorp, PTC India, Sundaram-Clayton, and Take Solution

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