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Sun TV Network Q1 ad revenues up 15% at Rs 279.22 cr

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Sun TV Network Q1 ad revenues up 15% at Rs 279.22 cr

Sun TV Network has reported 41 per cent increase in its revenues, including the IPL revenue, for Q1 FY14 at Rs 601.65 crore. Sun TV owns the SunRisers Hyderabad IPL franchise.

Advertisement revenues were up 15 per cent at Rs 279.22 crore. Subscription revenues continue to maintain a significant uptrend with cable TV revenues growing by 38 per cent and DTH revenue growing by 20 per cent over the same quarter last fiscal.

Profit after tax, excluding IPL, for Q1 FY14 was up by 12 per cent at Rs 184.78 crore. During the quarter ended June 30, 2013, the EBIDTA, including the IPL revenue, was up by 10 per cent at Rs 353.65 crore.

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