Chennai: Sun TV Network Limited, one of the largest Television Broadcasters in India, 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 JUNE, 2019, the Revenues (excl. IPL) was up by ~16% at Rs.856.97 crores, as against Rs.738.59 crores for the corresponding quarter ended 30th June,2018. Advertisement revenues grew to Rs.368.15 crores for the quarter ended 30th June 2019.
The Total Income for the quarter ended 30th June,2019 was at Rs.1,158.07 crores as against Rs.1,159.39 crores for the corresponding quarter ended 30th June,2018.
The Subscription revenue for the quarter was up by ~28 % at Rs.396.94 crores as against Rs. 311.27 crores for the corresponding quarter ended 30th June,2018.
The Profit after taxes for the current quarter was at Rs.381.87 crores as against Rs. 409.14 crores for the corresponding quarter ended 30th June,2018. After accounting for the other comprehensive income (net of taxes), the Total Comprehensive Income for the quarter ended 30th June,2019 was Rs.381.70 crores as against Rs. 409.20 crores for the corresponding quarter ended 30th June,2018.
INTERIM DIVIDEND: At the Board Meeting held today, 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.
