IT services, Pharma sector PAT to grow by 5.8 pc in 3Q FY25: JM Financial

New Delhi [India], January 11 (ANI): The JM Financial coverage universe is poised to report a 5.8 per cent year-on-year (YoY) growth in profit after tax (PAT) for the third quarter of FY25, driven by robust performances in IT services and pharmaceuticals.

The report stated, "This quarter will be impacted by furloughs; its impact will be similar to that last year. This is not encouraging given furloughs were deeper and lon