Sun TV has announced its results for the quarter ended June 2023. Revenue was up 10.38 pc at Rs.1,317 crore in Q1 2024 against Rs.1,193 cr in the same period last year. During the Q4 FY23, the company’s consolidated revenue stood at Rs.840 cr.
Advertisement revenue for Q1 2024 was Rs.339 cr against Rs.343 cr a year prior.
Domestic subscription revenue was up 6.02 pc for the quarter at Rs.435 cr from Rs. 410 cr in Q1 2023. In Q4 FY23, the subscription revenues stood at Rs.406 crore.
EBITDA for the quarter ended June 2023 was up 2.96 pc at Rs.786 cr against Rs. 763 cr the previous year.
Profit after taxes for the last reported quarter rose 18.53 pc to Rs.582 cr as against Rs. 491 cr in the corresponding period last year. In Q4 FY23, the company posted net profit of Rs.380 cr.
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