Name: Latest research reports of TV Today Network Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: TV Today Network Ltd.
Rating: 3
Author: ICICI Securities Limited

TV Today

Hold: TV Today Network Ltd.

Target

ICICI Securities Limited

In Q1FY19, TV Today reported topline of | 181.9 crore, up 10.5% YoY, slightly lower than our estimate of | 186.8 crore. Broadcasting revenues at | 158.9 crore were up ~10% YoY (a tad lower than expected growth: ~13% YoY) & weaker than Zee Media, TV18 news business that reported revenue growth of ~35%, 14% YoY, respectively, in the quarter. Radio business revenues, down ~15%...