The company reported a topline of | 163.3 crore, lower than our estimate of | 172.2 crore. The miss was owing to broadcasting revenues, which were flattish at | 140.2 crore (vs. 7% YoY growth expectations). Ad growth for TV Today was much lower than Zee Media & TV18 news business, which reported revenue growth of ~34.5% YoY & 18%YoY, respectively, during the quarter EBITDA came in at | 44.6 crore, below our expectations of | 51.7 crore, given lower revenues. EBITDA margins, thus, came in at 27.3%...