TV Today Q2 PAT seen up 15.1% YoY to Rs. 34.1 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Media sector. The brokerage house expects TV Today to report net profit at Rs. 34.1 crore up 15.1% year-on-year (down 16.8% quarter-on-quarter).

Net Sales are expected to increase by 19.3 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 172.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.1 percent Y-o-Y (down 18.7 percent Q-o-Q) to Rs. 51.7 crore.

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