DB Corp. Q2 PAT seen up 51.8% YoY to Rs. 70.1 cr: Kotak

Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Media sector. The brokerage house expects DB Corp. to report net profit at Rs. 70.1 crore up 51.8% year-on-year (down 25.2% quarter-on-quarter).

Net Sales are expected to decrease by 5.6 percent Y-o-Y (down 9.5 percent Q-o-Q) to Rs. 549.4 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25 percent Y-o-Y (up 34.2 percent Q-o-Q) to Rs. 115.4 crore.

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