Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Media sector. The brokerage house expects Entertainment Network (India) to report net profit at Rs. 9.6 crore (up 65.1% quarter-on-quarter).
Net Sales are expected to increase by 22.9 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 122.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 100.2 percent Y-o-Y (up 27.3 percent Q-o-Q) to Rs. 33.7 crore.
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