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Media Q3 Results Preview - Subdued Quarter Compared To Q2: ICICI Securities

We estimate Zee’s consolidated revenue to decline 15.9% QoQ to Rs 20.5 billion given a high base as Q2 revenues were boosted by a strong performance of ‘Gadar 2’.

Movie enthusiasts sit in a PVR movie theatre in Gurgaon, India. (Source: PVR Cinema Twitter Page)
Movie enthusiasts sit in a PVR movie theatre in Gurgaon, India. (Source: PVR Cinema Twitter Page)
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