Jagran Prakashan Q1 PAT may dip 9% YoY to Rs. 77.7 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Media sector. The brokerage house expects Jagran Prakashan to report net profit at Rs. 77.7 crore down 9% year-on-year (up 17% quarter-on-quarter).

Net Sales are expected to decrease by 0.2 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 601.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.8 percent Y-o-Y (up 16.4 percent Q-o-Q) to Rs. 160.7 crore.

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