Chennai: Sun TV Network reported a sharp decline in fourth-quarter profitability for FY26, weighed down by exceptional items and lower overall income during the period.
The broadcaster posted a consolidated profit after tax of Rs 232.34 crore for the quarter ended March 2026, down 37.4% from the corresponding period last year. Revenue from operations for the quarter also slipped 6.3% year-on-year to Rs 882.51 crore.
Total income in Q4 stood at Rs 982.21 crore compared with Rs 1,182.06 crore in the year-ago quarter, while profit before tax fell to Rs 322.52 crore from Rs 476.98 crore.
The company attributed the weaker quarterly performance to non-recurring financial impacts, including mark-to-market provisioning on mutual fund investments and impairment charges related to one of its radio investments. It also highlighted that the corresponding quarter last year had benefited from one-time interest income booked under other income.
Despite the softer March-quarter numbers, Sun TV closed FY26 with higher annual revenue. Consolidated revenue from operations increased 7.96% year-on-year to Rs 4,334.82 crore, while EBITDA rose 3.82% to Rs 2,214.21 crore.
However, full-year consolidated net profit declined to Rs 1,440.63 crore from Rs 1,703.64 crore reported in FY25.
On a standalone basis, the company reported annual revenue of Rs 4,102.13 crore, reflecting a 5.76% increase over the previous fiscal. Domestic subscription revenue emerged as a key growth driver, rising 9.69% to Rs 1,891.68 crore during FY26.
Beyond television broadcasting, Sun TV continued to see contribution from its sports business. Income from its cricket franchises stood at Rs 79.96 crore during the March quarter and Rs 662.12 crore for the full year.
The network owns and operates franchises including Sunrisers Hyderabad, Sunrisers Eastern Cape and Sunrisers Leeds, alongside OTT platform SunNXT.
Sun TV currently operates television channels across Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi-language markets.
The board also declared four interim dividends during FY26, amounting to 250% or Rs 12.50 per share cumulatively.
