Sun TV’s Q1 FY21 subscription revenues up by 18% to Rs 442.25 crore

Sun TV has also witnessed a 40% drop in profit before tax to Rs 352.38 crore during the quarter ended June 30, as compared to Rs 587.01 crore, a year ago

e4m by exchange4media Staff
Updated: Aug 17, 2020 8:52 AM
Sun TV

The latest Q1FY21 result shows that Sun TV has witnessed a 40 per cent drop in profit before tax to Rs 352.38 crore during the quarter ended June 30, as compared to Rs 587.01 crore, a year ago.

However, the subscription revenues for the quarter was up by 18 per cent to Rs 442.25 crore as against Rs 375.95 crore, a year ago.

EBITDA for the quarter ended June 30, 2020 was at Rs 416.49 crore as against Rs 682.91 crore for the previous quarter ended June 2019.

As per the results, Sun TV revenues for the quarter stood at Rs.606.10 crore, in the absence of IPL and movie distribution in particular, as against Rs 1,080.36 crore for the corresponding quarter ended 30th June 2019. The results also show a drop in total income for the quarter which was at Rs 714.71 crore as against Rs 1,137.07 crore for the corresponding quarter ended June 30, 2019.

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