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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Media & Entertainment sector. The brokerage house expects to report net profit at Rs. 88.4 crore down 59.9% year-on-year (down 64.6% quarter-on-quarter).
Net Sales are expected to decrease by 1.9 percent Y-o-Y (down 15.1 percent Q-o-Q) to Rs. 2,069.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 42.9 percent Y-o-Y (down 37.2 percent Q-o-Q) to Rs. 209 crore.
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