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DB Corp Q1 PAT may dip 13% YoY to Rs. 95.8 cr: ICICI Direct

Net Sales are expected to increase by 7 percent Y-o-Y (up 12.1 percent Q-o-Q) to Rs. 636.1 crore, according to ICICI Direct.

July 16, 2018 / 04:17 PM IST
Dish TV | Axis Trustee Services invoked 0.61% shares of company held by promoter Direct Media Distribution Ventures on June 23. (Image: Moneycontrol)

Dish TV | Axis Trustee Services invoked 0.61% shares of company held by promoter Direct Media Distribution Ventures on June 23. (Image: Moneycontrol)

 
 
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ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Media sector. The brokerage house expects DB Corp to report net profit at Rs. 95.8 crore down 13% year-on-year (up 67.8% quarter-on-quarter).


Net Sales are expected to increase by 7 percent Y-o-Y (up 12.1 percent Q-o-Q) to Rs. 636.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.5 percent Y-o-Y (up 68.5 percent Q-o-Q) to Rs. 165 crore.


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