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Entertainment Network Q4 PAT seen up 41.8% YoY to Rs. 16.8 cr: ICICI Direct

Net Sales are expected to increase by 11.5 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs. 177.7 crore, according to ICICI Direct.

April 15, 2019 / 03:23 PM IST
 
 
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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Media sector. The brokerage house expects Entertainment Network to report net profit at Rs. 16.8 crore up 41.8% year-on-year (up 4.1% quarter-on-quarter).


Net Sales are expected to increase by 11.5 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs. 177.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28 percent Y-o-Y (up 12.4 percent Q-o-Q) to Rs. 45.3 crore.


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