Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Media sector. The brokerage house expects Nazara Technologies to report net profit at Rs. 9.8 crore down 346.9% YoY (down 46% quarter-on-quarter).
Net Sales are expected to increase by 72.3 percent Y-o-Y (down 4.2 percent Q-o-Q) to Rs. 301.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 68.6 percent Y-o-Y (down 54.7 percent Q-o-Q) to Rs. 153 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.