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flag Indian pharma firms expect modest growth amid margin pressure.

flag Indian pharma companies expect modest sales growth of 11% in the March quarter, driven by a strong domestic market. flag However, HDFC Securities predicts a 110 basis point drop in EBITDA margins due to rising costs, US pricing pressure, and the absence of key drugs like gRevlimid. flag The hospital and retail pharmacy sectors are projected to grow significantly, while diagnostics also show robust performance.

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