Sun TV Network reports Rs 250 crore profit in Q4FY20

The revenue for the quarter was up by 3% excluding IPL and movie revenue

e4m by exchange4media Staff
Updated: Jun 26, 2020 7:09 PM
sunTV

Sun TV Network Limited has announced its financials for quarter ending March 31, 2020.
The revenue for the quarter was up by 3% excluding IPL and movie revenue. The revenue was at Rs 735.16 crore as against Rs 888.88 crore for the corresponding quarter ended March 31, 2019. The subscription revenue for the quarter was up by 25 % at Rs 398.78 crore as against Rs 319.77 crore for the corresponding quarter ended March 31, 2019. EBITDA for the quarter was at Rs 503.51 crore as against Rs 608.40 crore for the previous quarter ended March 31, 2019. The Profit after Taxes for the current quarter stood at Rs 250 crore.
For the year ended March 31, 2020, the Standalone Revenue, excluding IPL and movie revenue, was up by 3%. The revenue for the year was at Rs 3,404.42 crore as against Rs 3,663.27 crore for the corresponding year ended 31st March, 2019. The Advertisement revenues for the year was at Rs.1,336.91 crores as against Rs. 1,426.67 crores for the previous year ended 31st March, 2019. The Subscription revenues for the year was up 18 % at Rs 1,562.23 crores, as against Rs. 1,320.43 crores for the previous year ended 31st March, 2019. EBITDA for the year ended 31st March 2020 was at Rs.2.236.06 crores as against Rs 2,564.31 crores for the previous year ended 31st March 2019. The Profit after taxes was at Rs 1,371.83 crores for the year ended 31st March, 2020 as against Rs.1,394.86 crores for the previous year ended 31st March, 2019.
For the year eended March 31, 2020, the Consolidated Revenue was at Rs 3,519.85 crore as against Rs 3,782.54 crore for the corresponding year ended 31st March, 2019. EBITDA for the year ended 31st March 2020 was at Rs.2,275.92 crores as against Rs 2,606.68 crores for the previous year ended 31st March 2019. The Profit after taxes (after accounting of share from joint venture) was at Rs.1,385.49 crores for the year ended 31st March, 2020 as against Rs.1,433.68 crores for the previous year ended 31st March, 2019.

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