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Last Updated : Jan 10, 2019 04:50 PM IST | Source: Moneycontrol.com

TV Today Q3 PAT seen up 14.5% YoY to Rs. 44.3 cr: ICICI Direct

Net Sales are expected to increase by 13 percent Y-o-Y (up 29.8 percent Q-o-Q) to Rs. 212 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Media sector. The brokerage house expects TV Today to report net profit at Rs. 44.3 crore up 14.5% year-on-year (up 50.2% quarter-on-quarter).


Net Sales are expected to increase by 13 percent Y-o-Y (up 29.8 percent Q-o-Q) to Rs. 212 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16 percent Y-o-Y (up 56.8 percent Q-o-Q) to Rs. 70 crore.


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First Published on Jan 10, 2019 04:50 pm
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