Nazara Technologies Q2 PAT seen up 9.2% YoY to Rs. 26 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Media & Entertainment sector. The brokerage house expects Nazara Technologies to report net profit at Rs. 26 crore up 9.2% year-on-year.

Net Sales are expected to increase by 70.8 percent Y-o-Y (up 9.2 percent Q-o-Q) to Rs. 544.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 137.9 percent Y-o-Y (up 26.2 percent Q-o-Q) to Rs. 59.9 crore.

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