Sun TV Network ad revenue grew by 9% in FY2019

Consolidated revenues were up by 28% at Rs 3,782.54 crore, against Rs 2,963.02 crore for the corresponding year ended 31st March 2018

by exchange4media Staff
Published - May 24, 2019 2:34 PM Updated: May 24, 2019 2:34 PM
SUNGroup

Sun TV Network Limited, one of the largest Television Broadcasters in India, operates Satellite Television Channels across four languages of Tamil, Telugu, Kannada, and Malayalam airs FM radio stations across India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League.

For the quarter ended 31st March 2019

Revenues were up by ~ 24% at Rs.888.88 crores as against Rs.716.95 crores for the corresponding quarter ended 31st March 2018. The Subscription revenues for the quarter was up by ~4 % at Rs.319.77 crores, as against Rs.308.84 crores for the corresponding quarter ended 31st March 2018. EBITDA for the quarter ended 31st March 2019 was up ~16% at Rs.608.40 crores as against Rs.522.40 crores for the previous quarter ended 31st March 2018. The profit after taxes (PAT) for the current quarter stood at Rs.283.07 crores.

For the year ended 31st March 2019

Standalone Revenues was up by ~28% at Rs.3,663.27 crore, as against Rs. 2,862.45 crore for the corresponding year ended 31st March 2018. The Advertisement revenues for the year grew by ~ 9 % at Rs.1426.67 crores as against Rs.1,309.33 crores for the previous year ended 31st March 2018. The Subscription revenues for the year continued to maintain healthy growth, up ~16 % at Rs.1,320.43 crores, as against Rs.1,141.19 crores for the previous year ended 31st March 2018. EBITDA for the year ended 31st March 2019 was up ~31% at Rs.2.564.31 crores as against Rs.1,959.48 crore for the previous year ended 31st March 2018. The Profit after taxes was up by ~ 28% at Rs.1,394.86 crores for the year ended 31st March 2019 as against Rs.1,093.04 crores for the previous year ended 31st March 2018.

For the year ended 31st March 2019

Consolidated Revenues were up by ~28% at Rs.3,782.54 crore, as against Rs.2,963.02 crore for the corresponding year ended 31st March 2018. EBITDA for the year ended 31st March 2019 was up ~30% at Rs.2,606.68 crores as against Rs.2,003.76 crores for the previous year ended 31st March 2018. The Profit after taxes was up by ~26% at Rs.1,433.68 crores for the year ended 31st March 2019 as against Rs.1,135.52 crores for the previous year ended 31st March 2018

Highlights:

On a standalone basis:

  • Revenues for the year ended 31st March ‘19, up ~ 28% at Rs.3,663.27 cr;
  • Advertisement Revenues for the year ended 31st March ‘19, up ~ 9% at Rs.1,426.67 cr;
  • Subscription Revenues for the year ended 31st March ‘19, up ~16 % at Rs.1,320.43 cr;
  • EBITDA for the year ended 31st March ‘19, up ~31% at Rs.2,564.31 cr;
  • Profit after Tax for the year ended 31st March’19, up ~ 28% at Rs.1,394.86 cr;

On a consolidated basis:

  • Revenues for the year ended 31st March ‘19, up ~ 28% at Rs.3,782.54 cr;
  • EBITDA for the year ended 31st March ‘19, up ~ 30% at Rs.2,606.68 cr;
  •  Profit after Tax for the year ended 31st March ’19, up ~ 26% at Rs.1,433.68 cr;

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