Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Media sector. The brokerage house expects Jagran Prakashan to report net profit at 7.7% up Rs 78.2 crore quarter-on-quarter.
Net Sales are expected to increase by 27.1 percent Q-o-Q (up 1.2 percent Y-o-Y) to Rs 583.3 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 30.7 percent Q-o-Q (down 7.9 percent Y-o-Y) to Rs 158.6 crore.
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