Following are the Q3 earnings review from Angel Broking for companies whose results will be declared today:

Sun TV:

Sun TV is slated to announce its 3QFY2013 results. The company is expected to post a healthy 12.1% yoy growth in its top-line to Rs 4.77 billion on the back of uptick in advertising revenue aided by festive season as well as increase in cable revenues. On the EBITDA front, the company`s margins are expected to contract by 113 bp yoy to 79%. However, net profit is expected to grow by 10.3% yoy to Rs 1.85 billion. At the current market price, Sun TV is trading at 22.3x FY2014E consolidated EPS of Rs 19.1. We maintain our `Neutral` view on the stock. 

Syndicate Bank:

Syndicate Bank is scheduled to announce its 3QFY2013 results today. We expect the bank to report a moderate 8.4% yoy growth in Net Interest Income to Rs 14.37 billion. Growth in non-interest income is expected to be healthy at 19.7% yoy to Rs 2.88 billion. Operating expenses are expected to increase at a higher pace of 24.5% yoy to Rs 8 billion. While, provisioning expenses are expected to decline by 23.9% yoy, tax expenses are expected to come in at Rs 1.28 billion compared to Rs 410 million in 3QFY2012, which would result in net profit growth of 13.4% yoy to Rs 3.83 billion. At the CMP, the stock is trading at 0.8x FY2014E ABV.  We recommend `Accumulate` rating on the stock, with a target price of Rs 158.

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