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Sun TV Network Q2FY17 revenues up 10%; PAT up 22 % and Subscription Rev up 17 %

by MN4U Bureau
November 11, 2016
in Exclusive, Featured
Reading Time: 2 mins read
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Sun TV Network Q2FY17 revenues up 10%; PAT up 22 % and Subscription Rev up 1 7 %

Sun TV Network Q2FY17 revenues up 10%

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Chennai: Sun TV Network 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, 2016, the advertisement revenue Sun TV network was up by about 2% at Rs.309.43 crores, as against Rs.302.93 crores for the corresponding quarter ended 30th September, 2015.

The Subscription revenue for the quarter was up by 17 % at Rs.228.55 crores, as against Rs.195.32 crores for the corresponding quarter ended 30th September, 2015.

The total revenue for the quarter was up by 10.21% at Rs.625.49 crores, as against Rs.567.55 crores for the corresponding quarter ended 30th September, 2015.

The Total Income for the quarter ended 30th September 2016 also was higher by 13.34% at Rs.674.29 crores as against Rs.594.91 crores for the corresponding quarter ended 30th September 2015.

 During the quarter ended 30th September, 2016, the EBITDA was up by 8.32% at Rs.466.32 crores as compared to Rs.430.52 crores in the previous quarter ended 30th September, 2015.

 The Profit after Tax for the quarter ended 30th September, 2016 was up by 21.74% at Rs.270.35 crores, as against Rs.222.07 crores for the corresponding quarter ended 30th September, 2015. After accounting for the other comprehensive income (net of taxes), the Total Comprehensive Income for the quarter ended 30th September 2016 was Rs.270.37 crores as against Rs.221.72 crores for the previous quarter ended 30th September 2015.

The flagship Channel “SUN TV” continues to remain the No. 1 channel on an All India basis ahead of Colors, Star Plus, etc according to Broadcast Audience Research Council (BARC).

 In addition, Gemini TV is also ranking among the Top five Channels in India in recent times and as per the latest ratings has notched the fourth position on an All India basis in week 44.

Tags: Broadcast Audience Research Council (BARC)ColorsEBITDAGemini TVSatellite Television ChannelsStar PlusSun TV Network

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