Jagran Prakashan Q4 PAT may dip 7.4% YoY to Rs. 75.1 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Media sector. The brokerage house expects Jagran Prakashan to report net profit at Rs. 75.1 crore down 7.4% year-on-year (down 13.9% quarter-on-quarter).

Net Sales are expected to increase by 1.8 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 572.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.3 percent Y-o-Y (down 10.4 percent Q-o-Q) to Rs. 145.9 crore.

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