Sun TV announced their unaudited financial results for the quarter and nine months ended December 31, 2021.
The total income for the quarter ended December 31, 2021, stood at Rs 1,075.12 Crore. The total expenses stood at Rs 465.32 Crore. The profit before tax stood at Rs 608.90 Crore and profit after tax was at Rs 457.39 Crore.
The Board of Directors has declared an interim dividend of Rs 2.50 per share (50%) at the meeting held on February 10, 2022. This is in addition to the interim dividend of Rs 3.75 per share (75%) and Rs 2.50 per share (50%) at Board Meeting held on August 13, 2021, and November 5, 2021, respectively.
The results for the quarter and nine months ended on December 31, 2021, includes income from the Company’s IPL franchise SunRisers Hyderabad for season 2021 (partial) of Rs.57.94 crores and Rs 233.49 crores respectively (Quarter and nine months ended December 31, 2020, for season 2020 of Rs.209.07 crores and Rs.254 .48 crores respectively) and corresponding costs Rs 31.93 Crore and Rs 148.97crore respectively (Quarter and nine months ended December 31 2020of Rs 129.711 Crore and Rs.161.54 respectively.
