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Music Broadcast Q2 PAT seen up 314.1% YoY to Rs. 1.2 cr: Prabhudas Lilladher

Net Sales are expected to increase by 10 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 46.2 crore, according to Prabhudas Lilladher.

October 11, 2022 / 11:09 AM IST
Celebrated French musician Manu Chao was among musicians from India and abroad who performed at the festival

Celebrated French musician Manu Chao was among musicians from India and abroad who performed at the festival

 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Media sector. The brokerage house expects Music Broadcast to report net profit at Rs. 1.2 crore up 314.1% year-on-year (up 12,007.6% quarter-on-quarter).

Net Sales are expected to increase by 10 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 46.2 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 41.8 percent Y-o-Y (up 52.2 percent Q-o-Q) to Rs. 6.5 crore.

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