Moneycontrol
Oct 12, 2016 12:37 PM IST | Source: Moneycontrol.com

TV Today Q2 PAT seen up 14% to Rs 25.6 cr: ICICI Securities

Net sales are expected to increase by 2 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 139.7 crore, according to ICICI Securities

 
 
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ICICI Securities has come out with its second quarter (July-September) earnings estimates for the media sector. The brokerage house expects TV Today to report net profit at Rs 25.6 crore, up 14.3 percent quarter-on-quarter.

Net sales are expected to increase by 2 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 139.7 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.7 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs 41.1 crore.

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