Apr 25, 2018 11:51 AM IST | Source: Moneycontrol.com

Entertainment Network Q4 PAT may dip 5.6% YoY to Rs. 13 cr: ICICI Direct

Net Sales are expected to decrease by 1.2 percent Y-o-Y (up 10.2 percent Q-o-Q) to Rs. 163.6 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Media sector. The brokerage house expects Entertainment Network to report net profit at Rs. 13 crore down 5.6% year-on-year (down 1% quarter-on-quarter).


Net Sales are expected to decrease by 1.2 percent Y-o-Y (up 10.2 percent Q-o-Q) to Rs. 163.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.4 percent Y-o-Y (down 0.9 percent Q-o-Q) to Rs. 35.3 crore.


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