Sun TV's Q3FY19 performance was strong on the topline front but margins were lower on account of commissioning of news shows Revenues came in at | 904.45 crore (up 32% YoY). Ad revenues were up 13% YoY at | 382 crore, better than our estimate of 10% YoY growth. Subscription revenues were at | 350 crore (24.1% YoY growth vs. estimated growth of 21.5% YoY). The company booked Sarkar movie theatrical revenues of ~| 108 crore, during the quarter EBITDA came in at | 667 crore, up 35.6% YoY. EBITDA margin was...