Sun TV Profit Plummets Amidst Challenging Quarter

Sun TV Network reported a challenging fourth quarter for the fiscal year ending March 2026, marked by a significant drop in net profit and revenue. The broadcaster's net profit for the March quarter fell by 37.4% to ₹232 crore, down from ₹370.8 crore in the same period last year. Revenue from operations also decreased by 6.3% year-on-year, amounting to ₹882.5 crore.

Operating performance weakened, with EBITDA declining by 8.9% and EBITDA margins narrowing to 44.3%. The company stated that reported profitability was adversely affected by non-recurring items, including mark-to-market provisioning on mutual fund investments and impairment on its radio investee. Additionally, a one-off interest income boost from the prior year's March quarter was absent.

Despite the quarterly downturn, Sun TV highlighted that its core operating performance remained stable within a difficult external environment. Domestic subscription revenue for the full fiscal year 2026 showed resilience, increasing by 9.7% to ₹1,891.7 crore. The company also declared cumulative interim dividends of ₹12.50 per share for the fiscal year.