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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