Sun TV Network revenue up 6% to Rs 795.58 crore in Q2 FY2019

Total income for the quarter stood at Rs 867.72 crore as against Rs 811.67 crore for the corresponding quarter last year

e4m by exchange4media Staff
Updated: Nov 12, 2019 6:39 PM
Sun TV Network

Sun TV Network Limited, the Indian television broadcasters that 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 30th September 2019, the company reported increased revenue by 6% at Rs 795.58 crores, as against Rs 749.55 crores for the corresponding quarter ended 30th September  2018. The Total Income for the quarter ended 30th September 20 19 also was higher by around 7% at Rs 867.72 crores as against Rs 811.67 crores for the corresponding quarter ended 301 h September 2018.

Subscription revenues for the quarter were up by approximately 17% at Rs 39 7.3 l crores as against Rs 339.79 crores for the corresponding quarter ended 30th September 2018. EBITDA for the quarter ended 30th September'2019 was Rs 468 .74 crores as against Rs 553.97 crores for the corresponding quarter ended 30th September 2018. The Profit after taxes for the current quarter was up by approximately 4% at Rs 366.5 1 crores as against Rs 351.32 crores for the corresponding quarter ended 30th September 2018.

After accounting for the other comprehensive income (net of taxes), the Total Comprehensive Income for the quarter ended 301 h September 2019 was up 4 % at Rs 366.29 crores as against Rs 351.38 crores for the corresponding quarter ended 30th September 2018.

At the Board Meeting held today, November 12th, the Board of Directors have declared an Interim Dividend of Rs. 2.50 per share (50 %) on a face value of Rs.5.00 per share.

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