Media, Education, Travel Q3 Preview - Recovery Evident But Omicron Fear Looms Large: 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.After being into losses for six quarters, we expect PVR Ltd. and Inox Leisure Ltd. to be Ebitda positive in Q3 FY22 aided by strong content and gradual relaxation in occupancy caps. However, just when the operating environment was showing signs of improvement, rising Omicron cases have de-railed the recovery process and dampened near term sentiments.On travel front, especially rail passenger traffic, Omicron impact is still not fully evident. As far as luggage sector is concerned, demand environment continues to remain robust and the recovery momentum witnessed in Q2 FY22 is likely to continue.In October 2021, TV ad-volumes witnessed a growth of 11%/23% over Oct-20/Oct-19 respectively driven by the festival demand. However, in the month of November, ad-volume growth was slightly subdued and stood at 4%/32% over base of Nov-20/Nov-19 respectively.On education front with declining Covid cases, schools across India gradually started to re-open in a phased manner during Q3 FY22. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Media, Education, Travel Q3 Preview - Recovery Evident But Omicron Fear Looms Large: Prabhudas Lilladher

Media, Education, Travel Q3 Preview - Recovery Evident But Omicron Fear Looms Large: Prabhudas Lilladher

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