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Sun TV Network’s revenues up 7%, subscription revenue up 18%, PAT up 13%, at the end of March 31, 2017

Sun TV Network’s revenues up 7%, subscription revenue up 18%, PAT up 13%, at the end of March 31, 2017

Author | exchange4media News Service | Friday, May 26,2017 6:10 PM

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Sun TV Network’s revenues up 7%, subscription revenue up 18%, PAT up 13%, at the end of March 31, 2017

Sun TV Network, one of the largest television broadcasters in India, has released the results for the financial year ended March 31, 2017.

The highlights of the release are as follows:

On a standalone basis:

Revenues for the year ended 31st March ‘17, up ~7% at Rs. 2,558.25 cr;

Subscription revenues for the year ended 31st March ‘17, up ~18 % at Rs. 961.41 cr

EBITDA for the year ended 31st March ‘17, up ~2% at Rs. 1,736.97 cr

Profit after Tax for the year ended 31st March ’17, up ~13% at Rs. 979.41 cr

On a consolidated basis:

Revenues for the year ended 31st March ‘17, up ~7% at Rs. 2,645.72 cr

EBITDA for the year ended 31st March ‘17, up ~2% at Rs. 1,769.85 cr

Profit after Tax for the year ended 31st March ’17, up ~12% at Rs. 1,030.66 cr

For the quarter ended 31st March, 2017, the revenues were up by ~3% at Rs. 582.50 crore, as against Rs. 564.97 crore for the corresponding quarter ended 31st March, 2016. The subscription revenue for the quarter was up by ~12% at Rs. 241.88 crore, as against Rs. 216.60 crore for the corresponding quarter ended 31st March, 2016. The profit after taxes for the current quarter was Rs. 235.91 crore as against Rs. 235.47 crore for the corresponding quarter ended 31st March, 2016.

For the year ended 31st March, 2017, the Standalone Revenues were up by ~7% at Rs. 2,558.25 crore, as against Rs. 2,395.21 crore for the corresponding year ended 31st March, 2016. The subscription revenues for the year continued to maintain a healthy growth, up ~18% at Rs. 961.41 crore, as against Rs. 812.68 crore for the previous year ending 31st March, 2016. EBITDA for the year ended 31st March 2017 was up at Rs. 1,736.97 crore as against Rs. 1,695.94 crore for the previous year ended 31st March 2016. The Profit after taxes was up by ~13% at Rs. 979.41 crore for the year ended 31st March, 2017 as against Rs. 869.69 crore for the previous year ended 31st March, 2016.

For the year ended 31st March, 2017, the Consolidated Revenues were up by ~7% at Rs. 2,645.72 crore, as against Rs. 2,473.64 crore for the corresponding year ended 31st March, 2016. EBITDA for the year ended 31st March 2017 was up at Rs. 1,769.85 crore as against Rs. 1,732.74 crore for the previous year ended 31st March 2016. The profit after taxes was up by ~12% at Rs. 1,030.66 crore for the year ended 31st March, 2017 as against Rs. 922.31 crore for the previous year ended 31st March, 2016. 

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