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Sun TV Network Q1 FY15 subscription revenues maintain uptrend

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Sun TV Network Q1 FY15 subscription revenues maintain uptrend

Sun TV Network has reported a marginal rise in its Q1 FY15 ad revenues at Rs 280.42 crore. The network operates TV channels across four languages – Tamil, Telugu, Kannada and Malayalam, FY radio stations across India and the SunRisers Hyderabad IPL cricket franchise.

Subscription revenues across cable, DTH and international continue to maintain uptrend, with cable TV revenues growing by 15 per cent and DTH subscription revenues growing by 21 per cent over Q1 FY14.

EBITDA (excluding IPL) was up 17 per cent at Rs 411.17 crore.

Profit after tax (excluding IPL) was up 5 per cent at Rs 194.70 crore.

For the quarter ended June 30, 2014, revenues, including IPL revenues, were up by 5 per cent at Rs 633.58 crore. The same was up 3 per cent, excluding the IPL revenue, at Rs 520.17 crore, as against Rs 503.31 crore for the corresponding quarter in FY14.

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