Sun TV Network Ltd announces Q1FY25 results

Sun TV Network Limited, one of the largest Television Broadcasters in India, operates Satellite Television Channels across seven languages of Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi, airs FM radio stations across India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa's T20 League and the Digital OTT Platform Sun NXT.

FOR THE QUARTER ENDED 30TH JUNE' 2024, the Revenues for the quarter at Rs.1,276.11 crores as against Rs.1,317.78 crores for the corresponding quarter ended 30th June'2023. The Advertisement revenues for the quarter was at Rs.323.77 crores as against Rs. 339.10 crores for the corresponding quarter ended 30th June, 2023. The Domestic Subscription for the quarter was at Rs.425.79 crores as against Rs. 435.34 crores for the corresponding quarter ended 30th June, 2023. The EBITDA for the quarter ended 30th June, 2024 was at Rs.706.36 crores as against Rs. 786.46 crores for the corresponding quarter ended 30th June, 2023. The Profit after taxes for the current quarter stood at Rs.546.94 crores as against Rs. 582.80 crs in the corresponding quarter ended 30th June, 2023.

INTERIM DIVIDEND: At the Board Meeting held today, the Board of Directors have declared an Interim Dividend of Rs.5.00 per share (100 %) on a face value of Rs.5.00 per share.

Shares of Sun TV Network Limited was last trading in BSE at Rs. 813.30 as compared to the previous close of Rs. 818.75. The total number of shares traded during the day was 19321 in over 1436 trades.

The stock hit an intraday high of Rs. 826.00 and intraday low of 803.00. The net turnover during the day was Rs. 15726009.00.

Source : Equity Bulls

Keywords

SunTVNetwork INE424H01027 Q1FY25 Q1FY2025 FY2025 ResultUpdate