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TV Today Q3 PAT seen up 1.1% YoY to Rs. 55.4 cr: ICICI Direct

Net Sales are expected to increase by 12.6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 251.8 crore, according to ICICI Direct.

January 19, 2022 / 12:16 PM IST
The media company TV Today Network had an opening premium of 121 percent on January 24, 2004. The company's issue price was Rs 95 and the listing price was Rs 210.

The media company TV Today Network had an opening premium of 121 percent on January 24, 2004. The company's issue price was Rs 95 and the listing price was Rs 210.

 
 
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ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Media sector. The brokerage house expects TV Today to report net profit at Rs. 55.4 crore up 1.1% year-on-year (up 18% quarter-on-quarter).

Net Sales are expected to increase by 12.6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 251.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.5 percent Y-o-Y (up 26.8 percent Q-o-Q) to Rs. 75.5 crore.

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