Sun TV Q4 PAT seen up 46.6% YoY to Rs. 366.5 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the Media sector. The brokerage house expects Sun TV to report net profit at Rs. 366.5 crore up 46.6% year-on-year (down 17% quarter-on-quarter).

Net Sales are expected to increase by 4.3 percent Y-o-Y (down 21.1 percent Q-o-Q) to Rs. 767.1 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.4 percent Y-o-Y (down 12.5 percent Q-o-Q) to Rs. 525.5 crore.

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