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.
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Prabhudas_Media & Entertainment
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