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Sun TV Network Q1 PAT seen up 9.2% YoY to Rs. 446.7 cr: Kotak

Net Sales are expected to increase by 1 percent Y-o-Y (up 27.4 percent Q-o-Q) to Rs. 1,132.1 crore, according to Kotak.

July 17, 2019 / 12:05 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Media sector. The brokerage house expects Sun TV Network to report net profit at Rs. 446.7 crore up 9.2% year-on-year (up 57.8% quarter-on-quarter).


Net Sales are expected to increase by 1 percent Y-o-Y (up 27.4 percent Q-o-Q) to Rs. 1,132.1 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.1 percent Y-o-Y (up 65.5 percent Q-o-Q) to Rs. 633.6 crore.


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