Media earnings

Q4FY2008 Media earnings preview

Q4 is the best quarter for the media industry with the union budget being the key revenue driver. We expect media companies under Sharekhan universe to register a 45.6% year-on-year (y-o-y) growth in revenues with TV18 and Zee News putting up a strong show. However the net profit growth on an overall basis is expected to be 28.4% with Zee News outperforming its peers.