Media, Education And Others Q4 Earnings Preview - Second Covid-19 Wave Delays Recovery: Prabhudas Lilladher
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Prabhudas Lilladher Report
Multiplex - Given lack of exciting fresh content and prevailing occupancy caps, footfalls are expected to be at sub-optimal levels in Q4 FY21.
Broadcasting: We expect strong recovery witnessed in the previous quarter to sustain in Q4 FY21.
Travel and tourism: We expect luggage demand to benefit in Q4 FY21 from gradual reopening of schools in January /February (augurs well for backpack sales) coupled with shift in market share from unorganized to organized players.
Radio: While ad-volumes are expected to register growth, yields will continue to remain under pressure.
Education: Amid fresh spike in Covid-19 cases, schools, educational institutions across few states like Maharashtra, Gujarat, Punjab etc. have started imposing restrictive measures in their respective regions.
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