Music Broadcast Q4 PAT seen up 5.4% YoY to Rs. 17.1 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Media sector. The brokerage house expects Music Broadcast to report net profit at Rs. 17.1 crore up 5.4% year-on-year (up 4.6% quarter-on-quarter).

Net Sales are expected to increase by 14 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 86.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.5 percent Y-o-Y (up 7.6 percent Q-o-Q) to Rs. 30.8 crore.

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