Zee Entertainment Enterprises Q2 PAT may dip 45.6% YoY to Rs. 157.1 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Media sector. The brokerage house expects Zee Entertainment Enterprises to report net profit at Rs. 157.1 crore down 45.6% year-on-year (up 29.2% quarter-on-quarter).

Net Sales are expected to decrease by 2.4 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 1,930.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 36.3 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 262.5 crore.

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