ICICI Securities has come out with its second quarter (July-September) earnings estimates for the media sector. The brokerage house expects Dish TV to report net profit at Rs 49.7 crore, up 21.4 percent quarter-on-quarter.
Net Sales are expected to increase by 2.7 percent Q-o-Q (up 6.3 percent Y-o-Y) to Rs 799.6 crore, according to ICICI Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.8 percent Q-o-Q (up 5.7 percent Y-o-Y) to Rs 269.6 crore.
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