ICICI Securities Ltd | Retail Equity Research Revenues came in at | 1725.3 crore (vs. our estimate of | 1680.4 crore). The topline beat was led by superior domestic advertisement revenues, which grew 23.9% YoY, higher than our estimate of 20% YoY growth. Adjusting for sports (now exited) and RBNL channels, domestic ad revenues growth was 21.5% YoY. Domestic subscription revenues came in at | 452.1 crore (down 0.7% YoY), slightly ahead of our estimate of | 446.4 crore. Adjusted for sale of the sports business,...