Sun TV Q2 PAT may dip 1% YoY to Rs. 267.6 cr: Edelweiss
Net Sales are expected to increase by 5.9 percent Y-o-Y (down 15.8 percent Q-o-Q) to Rs. 662.4 crore, according to Edelweiss.
Edelweiss has come out with its second quarter (July-September) earnings estimates for the Media sector. The brokerage house expects Sun TV to report net profit at Rs. 267.6 crore down 1% year-on-year (up 6.3% quarter-on-quarter).
Net Sales are expected to increase by 5.9 percent Y-o-Y (down 15.8 percent Q-o-Q) to Rs. 662.4 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 2.3 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 476.9 crore.
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