Sun TV Network Limited which operates Satellite Television Channels across six languages of Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi, 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 released earnings for the quarter ended on 30th September.
The revenues (excluding IPL) for the quarter was up by ~2.50 pc at Rs.796.43 crores as against Rs.777.04 crores for the corresponding quarter ended 30th September 2021. The Total Income for the quarter was at Rs.882.54 crores as against Rs. 894.66 crores for the corresponding quarter ended 30th September’2021. EBITDA for the quarter ended 30th September’2022 was marginally up at Rs.524.78 crores as against Rs.520.58 crores for the previous quarter ended 30th September’2021.
The Profit before taxes for the current quarter also was marginally higher by ~1.23 pc to Rs.534.09 crores as against Rs.527.58 crores for the previous quarter ended 30th September’2021. The Profit after taxes for the current quarter stood higher marginally by ~1.88 pc at Rs.400.71 crores as against Rs. 393.32 crores for the previous quarter ended 30th September’2021. The Advertisement Revenues stood at Rs.342.53 crs.
