Mumbai: Sun TV has announced that revenues for the first quarter (ended 30 June 2024) were Rs. 1,276.11 crores as against Rs. 1,317.78 crores for the corresponding quarter ended 30 June 2023.
Ad revenues for the quarter was at Rs. 323.77 crores as against Rs. 339.10 crores for the corresponding quarter that ended 30 June 2023. The Domestic Subscription for the quarter was at Rs. 425.79 crores as against Rs. 435.34 crores for the corresponding quarter ended 30 June, 2023.
The EBITDA for the quarter ended 30th June, 2024 was at Rs.706.36 crores as against Rs. 786.46 crores for the corresponding quarter ended 30 June, 2023. The Profit after taxes for the current quarter stood at Rs.546.94 crores as against Rs. 582.80 crores in the corresponding quarter that ended 30 June 2023.
At the board meeting held today, the board of directors have declared an Interim Dividend of Rs. 5 per share (100 %) on a face value of Rs. 5 per share.
Sun TV Network operates TV channels across seven languages Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi, and airs FM radio stations across India. It also owns the SunRisers Hyderabad cricket franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa’s T20 League and the Digital OTT Platform Sun NXT.
