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ICICI Securities Sees Affle Q3 Profit Rising 18.4% to Rs. 130.9 Crore

ICICI Securities expects Affle’s July–September quarter net profit to rise 18.4% year over year to Rs. 130.9 crore. The brokerage also expects net sales to increase year over year.

AFFLE

ICICI Securities has come out with its third quarter (July-Sept’ 26) earnings estimates for the Media sector. The brokerage house expects Affle to report net profit at Rs. 130.9 crore up 18.4 % year-on-year (up 1.9 percent Q-o-Q).Net Sales are expected to increase by 19.8 percent Y-o-Y (up 3.7 perc…