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DB Corp Q2 PAT seen up 0.9% YoY to Rs. 89.3 cr: Edelweiss

Net Sales are expected to increase by 5 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 566.3 crore, according to Edelweiss.

October 12, 2017 / 06:40 PM IST
Zee Media Corporation | Promoter entity ARM Infra & Utilities sold 8 lakh shares in company, reducing stake to 12.20 percent and 25FPS Media offloaded 2.08 percent stake.

Zee Media Corporation | Promoter entity ARM Infra & Utilities sold 8 lakh shares in company, reducing stake to 12.20 percent and 25FPS Media offloaded 2.08 percent stake.

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Media sector. The brokerage house expects DB Corp to report net profit at 89.3 crore up 0.9% year-on-year (down 18.9% quarter-on-quarter).


Net Sales are expected to increase by 5 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 566.3 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 0.2 percent Y-o-Y (down 19.4 percent Q-o-Q) to Rs. 150.2 crore.


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first published: Oct 12, 2017 06:40 pm

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