January 19, 2022 05:01 PM
Media sector Q3 PAT : Sun TV and TV Today

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Media sector.
Sun TV Q3 PAT may dip 14.2% YoY to Rs. 379.1 cr: ICICI Direct
ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Media sector. The brokerage house expects Sun TV to report net profit at Rs. 379.1 crore down 14.2% year-on-year (down 3.6% quarter-on-quarter).
Net Sales are expected to decrease by 2.3 percent Y-o-Y (up 14.6 percent Q-o-Q) to Rs. 949.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.7 percent Y-o-Y (up 22 percent Q-o-Q) to Rs. 635.2 crore.
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TV Today Q3 PAT seen up 1.1% YoY to Rs. 55.4 cr: ICICI Direct
ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Media sector. The brokerage house expects TV Today to report net profit at Rs. 55.4 crore up 1.1% year-on-year (up 18% quarter-on-quarter).
Net Sales are expected to increase by 12.6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 251.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.5 percent Y-o-Y (up 26.8 percent Q-o-Q) to Rs. 75.5 crore.