Media, Education And Others - A Q3 Earnings Preview By Prabhudas Lilladher  
A man holds a television remote control. (Photographer: Chris Ratcliffe/Bloomberg)

Media, Education And Others - A Q3 Earnings Preview By Prabhudas Lilladher  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Multiplex - While multiplexes were allowed to open from October 15 with 50% capacity given lack of fresh content, footfalls are expected to be at sub-optimal levels in Q3 FY21.

Broadcasting - With original programming hours gradually reverting back to pre Covid-19 levels we expect strong recovery in ad-volumes and rates in Q3 FY21.

Travel and tourism - VIP Ltd.’s sales for the month of October was hovering at approximately 50% pre Covid-19 levels.

Radio - For our coverage universe, we expect a ~35-45% fall in top-line in Q3 FY21 (versus ~50-60% fall in Q2 FY21) as we expect recovery in ad-volumes as compared to the preceding quarter.

Education - Higher grade schools in some parts of Maharashtra are already open while schools in Gujarat are expected to open (for higher grades) around mid January.

Click on the attachment to read the full report:

Prabhudas Lilladher Media-Education-Others Q3 Earning Preview.pdf


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