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HomeNewsBusinessEarningsZee Entertainment Q2 PAT may dip 44.9% YoY to Rs. 137.7 cr: PL Capital

Zee Entertainment Q2 PAT may dip 44.9% YoY to Rs. 137.7 cr: PL Capital

Net Sales are expected to decrease by 16.8 percent Y-o-Y (down 4.8 percent Q-o-Q) to Rs. 2,029.1 crore, according to PL Capital.

October 09, 2024 / 15:22 IST
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    PL Capital has come out with its second quarter (July-September’ 24) earnings estimates for the Media & Entertainment sector. The brokerage house expects Zee Entertainment to report net profit at Rs. 137.7 crore down 44.9% year-on-year (down 11.4% quarter-on-quarter).

    Net Sales are expected to decrease by 16.8 percent Y-o-Y (down 4.8 percent Q-o-Q) to Rs. 2,029.1 crore, according to PL Capital.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 23.8 percent Y-o-Y (down 6.6 percent Q-o-Q) to Rs. 253.6 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.

    PL Capital_Media

    Broker Research
    first published: Oct 9, 2024 03:22 pm

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