PVR Q1 PAT may dip 23.5% YoY to Rs. 39.9 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Media sector. The brokerage house expects PVR to report net profit at Rs. 39.9 crore down 23.5% year-on-year (down 14% quarter-on-quarter).

Net Sales are expected to increase by 22.2 percent Y-o-Y (up 1.6 percent Q-o-Q) to Rs. 850.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.4 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 154.3 crore.

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