ENIL Q2 PAT seen up 56.9% YoY to Rs. 9.6 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Media sector. The brokerage house expects ENIL to report net profit at Rs. 9.6 crore up 56.9% year-on-year (up 2.5% quarter-on-quarter).

Net Sales are expected to increase by 4 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs. 130.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.1 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 29.5 crore.

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