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Sun TV standalone PAT up 13% for the year ended 31st March 2017

by MN4U Bureau
May 26, 2017
in Exclusive, Featured
Reading Time: 2 mins read
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Sun TV mulls re-positioning Sun Life channel as its second GEC in Tamil

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Chennai: Sun TV Network Limited operates Satellite Television Channels across four languages of Tamil, Telugu, Kannada and Malayalam, airs FM radio stations across India and owns the Sun Risers Hyderabad Cricket Franchise of the Indian Premier League.

For the quarter ended 31st March, 2017, the Revenues was up by 3% at Rs. 582.50 crores, as against Rs. 564.97 crores for the corresponding quarter ended 31st March, 2016. The Subscription revenue for the quarter was up by 12 % at Rs.241.88 crores, as against Rs. 216.60 crores for the corresponding quarter ended 31st March, 2016. The Profit after taxes for the current quarter was Rs. 235.91 crores as against Rs. 235.47 crores for the corresponding quarter ended 31st March, 2016.

For the year ended 31st March 2017, the Standalone Revenues was up by 7% at Rs.2,558.25crores, as against Rs. 2,395.21 crores for the corresponding year ended 31st March, 2016. The Subscription revenues for the year continued to maintain a healthy growth, up 18 % at Rs. 961.41 crores, as against Rs.812.68 crores for the previous year ending 31st March, 2016. EBITDA for the year ended 31st March 2017 was up at Rs.1,736.97 crores as against Rs.1,695.94 crores for the previous year ended 31st March 2016. The Profit after taxes was up by 13% at Rs.979.41 crores for the year ended 31st March, 2017 as against Rs. 869.69 crores for the previous year ended 31st March, 2016.

For the year ended 31st March 2017, the Consolidated Revenues was up by ~ 7% at Rs. 2,645.72 crores, as against Rs. 2,473.64 crores for the corresponding year ended 31st March, 2016. EBITDA for the year ended 31st March 2017 was up at Rs. 1,769.85 crores as against Rs. 1,732.74 crores for the previous year ended 31st March 2016. The Profit after taxes was up by ~ 12% at Rs. 1,030.66 crores for the year ended 31st March, 2017 as against Rs. 922.31 crores for the previous year ended 31st March, 2016.

Highlights:

On a standalone basis:

  • Revenues for the year ended 31st March ‘17, up ~ 7 % at Rs.2,558.25crs;
  • Subscription Revenues for the year ended 31st March ‘17, up ~18 % at Rs.961.41 crs;
  • EBITDA for the year ended 31st March ‘17, up ~2 % at Rs.1,736.97crs;
  • Profit after Tax for the year ended 31st March ’17, up ~ 13 % at Rs.979.41 crs;

 On a consolidated basis:

  • Revenues for the year ended 31st March ‘17, up ~ 7 % at Rs.2,645.72crs;
  • EBITDA for the year ended 31st March ‘17, up ~2 % at Rs.1,769.85crs;
  • Profit after Tax for the year ended 31st March ’17, up ~ 12 % at Rs.1,030.66crs;
Tags: FM Radio StationsSun Risers Hyderabad CricketSun Risers Hyderabad Cricket Franchise of the Indian Premier League.Sun TV Network Limited

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