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TV Today Q1 PAT seen up 18% YoY to Rs. 48.4 cr: ICICI Direct

Net Sales are expected to increase by 15.7 percent Y-o-Y (up 27 percent Q-o-Q) to Rs. 210.4 crore, according to ICICI Direct.

July 10, 2019 / 04:56 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Media sector. The brokerage house expects TV Today to report net profit at Rs. 48.4 crore up 18% year-on-year (up 139.3% quarter-on-quarter).


Net Sales are expected to increase by 15.7 percent Y-o-Y (up 27 percent Q-o-Q) to Rs. 210.4 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.5 percent Y-o-Y (up 129.8 percent Q-o-Q) to Rs. 71.5 crore.


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