ICICI Securities Limited
TV Today reported a better-than-expected set of Q2FY21 numbers led by a faster recovery in revenues in broadcasting and digital segment. Operating revenue came in at | 176.7 crore, down 2% YoY with TV broadcasting revenue at | 143.6 crore (~1% YoY growth). Radio segment disappointed again with a straight seventh quarterly de-growth with revenues declining 65.7% YoY to | 1 crore as ad spend across sectors remained low. Digital revenue recovered fastest with healthy growth of 12.7% YoY and came in at | 31.2 crore. EBITDA was at | 41.2 crore, up 21.2% YoY owing to reduced...
TV Today Network Ltd. has lost -27.57% in the last 6 Months
More from TV Today Network Ltd.
Recommended