DB Corp Q1 PAT may dip 12.2% YoY to Rs. 85.7 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Media sector. The brokerage house expects DB Corp to report net profit at Rs. 85.7 crore down 12.2% year-on-year (up 57.4% quarter-on-quarter).

Net Sales are expected to decrease by 2.2 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 618.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.2 percent Y-o-Y (up 48.1 percent Q-o-Q) to Rs. 154.3 crore.

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