Jagran Prakashan Q2 PAT may dip 7.5% YoY to Rs. 64.3 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 Jagran Prakashan to report net profit at Rs. 64.3 crore down 7.5% year-on-year (down 24.7% quarter-on-quarter).

Net Sales are expected to increase by 2 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 578 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2 percent Y-o-Y (down 17 percent Q-o-Q) to Rs. 135.8 crore.

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