Oct 19, 2013, 04.45 PM IST
According to KR Choksey, Zee Entertainment Enterprises to report a 4 percent degrowth quarter-on-quarter (growth of 14 percent year-on-year) in net profit at Rs 215 crore.
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Zee Ent Q2 net seen up 14% at Rs 215cr: KR Choksey
According to KR Choksey, Zee Entertainment Enterprises to report a 4 percent degrowth quarter-on-quarter (growth of 14 percent year-on-year) in net profit at Rs 215 crore.
Like this story, share it with millions of investors on M3
Zee Ent Q2 net seen up 14% at Rs 215cr: KR Choksey
According to KR Choksey, Zee Entertainment Enterprises to report a 4 percent degrowth quarter-on-quarter (growth of 14 percent year-on-year) in net profit at Rs 215 crore.
Revenues of Zee Entertainment Enterprises are expected to increase by 5 percent Q-o-Q (up 7 percent Y-o-Y) to Rs 1,017 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3 percent Q-o-Q (up 31 percent Y-o-Y) to Rs 285 crore.
KR Choksey's Report on Zee Entertainment Enterprises:
Pick up in ad driven will boost net sales by 15 percent Y-o-Y.
EBITDA will grow at 5 percent over Q1FY13, in line with sales growth.
EBITDA margin will decline by 244bps Y-o-Y.
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