Mumbai: Sun TV’s third quarter revenues are up by 3.26 % at Rs. 885.48 crores. Total Income is up by 6.63 at Rs. 1,014.81 crores. Profit Before Tax went up by 6.18 % at Rs.591.31 crores. Profit after Taxes was up by 5.05 % to Rs.437.34 crores.
The Earnings Per Share for the quarter rose by 5.05% . It has declared an Interim Dividend of 50%.
Highlights for the nine months ended 31 December 2023:
- Total Income is up by 4.19% at Rs. 3,572.95 crores.
- Revenues is up by 13.11% at Rs. 3,221.24 crores.
- EBITDA is up by 11.55% at Rs.2,076.72 crores
- Profit after Taxes rose by 12.81% at Rs.1,476.38 crores
Sun TV operates television channels across six languages – Tamil,Telugu, Kannada, Malayalam, Bangla and Marathi. It airs FM radio stations across the country. On the cricket front it owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa’s T20 League. It also operates the digital OTT Platform Sun NXT.
The board of directors of Kal Radio, at its meeting held on 4 January, 2024, approved a proposed scheme of amalgamation of Udaya FM Private Limited with KRL. Similarly, the Board of Directors of South Asia FM Limited (‘SAFL’) andits Joint Ventures / Associate Companies at their respective meetings held on 4 January, 2024, approved a proposed composite scheme of arrangement for amalgamation involving these Joint Venture / Associate Companies and SAFL (as applicable).
