ICICI Securities Sees SunTV Q3 Profit Falling 44.5% to Rs. 476.5 Crore
ICICI Securities estimates SunTV’s net profit at Rs. 476.5 crore for the July–September quarter, down 44.5% year over year. It also expects net sales to decline.
ICICI Securities has come out with its third quarter (July-Sept’ 26) earnings estimates for the Media sector. The brokerage house expects SunTV to report net profit at Rs. 476.5 crore down 44.5 % year-on-year (down 22.1 percent Q-o-Q).Net Sales are expected to decrease by 24.1 percent Y-o-Y (down 3…