Kotak has come out with its second quarter (July-September) earnings estimates for the Internet sector. The brokerage house expects Just Dial to report net profit at Rs. 32.9 crore up 11.2% year-on-year (down 13.7% quarter-on-quarter).
Net Sales are expected to increase by 8.8 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 196.2 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 54.1 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 34.6 crore.
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