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

The topline came in at | 258 crore, up 15.4% YoY. TV broadcasting revenues came in | 197.8 crore (up ~6% YoY). We note that its growth was lower than its key peers - TV18's news business, Zee Media, which reported ~13%, 32% YoY growth, respectively. The digital segment continued to be a key growth driver with 53% growth YoY to | 54.4 crore. Radio revenues...