ICICI Securities Ltd | Retail Equity Research Revenues came in at | 517.1 crore (up 0.6% YoY) below our estimate of | 530.9 crore as advertisement revenues came in lower than expected at | 309.7 crore (down 2.7% YoY) vs. our expectation of | 328.0 crore (up 3.0% YoY). The quarter continued to suffer from post demonetisation woes. Hence, revenues were impacted. However, circulation revenues continued to grow at a steady state of 7.1% YoY to | 121.7 crore. The growth in radio and digital came in at 10.7% YoY...