Net Sales are expected to increase by 5.4 percent Q-o-Q (up 11.1 percent Y-o-Y) to Rs 252.1 crore, according to ICICI Securities
Advertising revenue growth may be led by FMCG & e-commerce advertisers. According to a CNBC-TV18 poll, higher advertising yields and lower newsprint costs may improve operating profit margin.
Net profit is expected to rise 24 percent year-on-year to Rs 26 crore and revenues may grow 14 percent to Rs 180 crore in the quarter gone by.
PINC Research has come out with its earning estimates on media sector for the quarter ended March 2011. According to the research firm, Hindustan Media Ventures (HMVL) March quarter sales are expected to go up by 2% at Rs 133.9 crore, quarter-on-quarter, (QoQ) basis.