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Home Television

Sun TV reports 6% increase in revenues for the quarter ended 30th September 2019

by MN4U Bureau
November 12, 2019
in Television
Reading Time: 1 min read
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Sun TV reports 6% increase in revenues for the quarter ended 30th September 2019
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  • Subscription Rev up ~17% for the quarter ended 30th September 2019.
  • P A T up ~4 % for the quarter ended 30th September 2019. 

Chennai: Sun TV Network has registered 6% increase in the quarter ended 30th September 2019 with its revenues clocking Rs.795.58 crores, as against Rs.749.55 crores for the corresponding quarter ended 30th September’2018.

The Total Income for the quarter ended 30th September 2019 also was higher by 7% at Rs.867.72 crores as against Rs.811.67 crores for the corresponding quarter ended 30th September 2018.

The Subscription Revenues for the quarter was up by 17% at Rs.397.31 crores as against Rs.339.79 crores for the corresponding quarter ended 30th September 2018. EBITDA for the quarter ended 30th September 2019 was Rs.468.74 crores as against Rs.553.97 crores for the corresponding quarter ended 30th September 2018.

The Profit after taxes for the current quarter was up by 4 % at Rs.366.51 crores as against Rs 351.32 crores for the corresponding quarter ended 30th September 2018. After accounting for the other comprehensive income (net of taxes), the Total Comprehensive Income for the quarter ended 30th September 2019 was up 4 % at Rs.366.29 crores as against Rs.351.38 crores for the corresponding quarter ended 30th September 2018.

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.

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