ENIL Q4 profit seen down 25% on higher tax, revenue may rise 9%

According to average of estimates of analysts polled by CNBC-TV18, revenue is seen rising 9.5 percent to Rs 136.2 crore during the quarter compared to Rs 124.4 crore in same period last fiscal.

May 19, 2016 / 10:55 IST

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Entertainment Network India's (ENIL) fourth quarter profit may fall 25.5 percent to Rs 19 crore compared to year-ago period, hit by higher tax cost.

According to average of estimates of analysts polled by CNBC-TV18, revenue is seen rising 9.5 percent to Rs 136.2 crore during the quarter compared to Rs 124.4 crore in same period last fiscal.

Operating profit (earnings before interest, tax, depreciation and amortisation) may grow 2.7 percent to Rs 35.5 crore but margin may shrink by 170 basis points to 26.1 percent compared to year-ago period.

Factors to watch out for:-Advertising inventory utilisation level & yield/minute-Margins to be lower due to higher marketing expenditure & expenses towards Phase III

first published: May 19, 2016 07:55 am

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