Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Media & Entertainment sector. The brokerage house expects Nazara Technologies to report net profit at Rs. 26.9 crore up 63.1% year-on-year (up 48.3% quarter-on-quarter).
Net Sales are expected to decrease by 1.1 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 311.5 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 49.1 percent Y-o-Y (up 63.1 percent Q-o-Q) to Rs. 45.5 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
