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Last Updated : Oct 11, 2019 04:04 PM IST | Source: Moneycontrol.com

Zee Entertainment Enterprises Q2 PAT seen up 20% YoY to Rs. 489.6 cr: Kotak

Net Sales are expected to increase by 5.7 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 2,087.9 crore, according to Kotak.

 
 
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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Media sector. The brokerage house expects Zee Entertainment Enterprises to report net profit at Rs. 489.6 crore up 20% year-on-year (up 5.8% quarter-on-quarter).


Net Sales are expected to increase by 5.7 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 2,087.9 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.9 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 663.1 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



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First Published on Oct 11, 2019 04:04 pm
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