Top Story

e4m_logo.png

Home >> Media - TV >> Article

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

27-May-2017
Font Size   16
Share
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. 

Murthy hinted on a launch of a digital product sometime soon as competition continues to heat up

Anil Uniyal, CEO, Bloomberg|Quint, on his business objectives, the reason behind pushing back the launch of the channel and more

Oracle India believes that marketing has entirely evolved because of the change in the buying process of customers

Dennis Oudejans, CEO, AdVoice, on the journey so far, targeted AdVoice networks and his vision for the company

Shruti Singh, a journalist with NDTV for over 20 years, defends the network even as former employees accuse it of axing stories

MRSS India has appointed market research professionals, Madhumita Chattopadhyay as Vice President, Praveen Mettelu as Research Director and R Kumar as Consultant

Dennis Oudejans, CEO, AdVoice, on the journey so far, targeted AdVoice networks and his vision for the company