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Sun TV Profit Soars 17% Amid Revenue Growth

Summary

  • Consolidated net profit rose 16.93% to ₹618.8 crore in Q1 FY27.
  • Revenue grew 13% year-on-year to ₹1,457.8 crore.
  • Board declared an interim dividend of ₹5 per share.
Sun TV Profit Soars 17% Amid Revenue Growth

Sun TV Network Ltd. reported a robust financial performance for the first quarter of FY27, with a consolidated net profit of ₹618.8 crore, marking a 16.93% increase from the previous year. The company's consolidated revenue grew by 13% year-on-year, reaching ₹1,457.8 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) also saw a substantial rise of 18.7% to ₹735.3 crore, improving the EBITDA margin to 50.44%.

Advertising revenue for the quarter stood at ₹282.51 crore, a slight decrease from the prior year, while domestic subscription revenue increased by approximately 3% to ₹485.46 crore. Sequentially, Sun TV experienced a substantial surge in revenue, increasing by about 68% from the previous quarter. Profit after tax (PAT) also saw a dramatic increase of around 180% sequentially. The board of directors declared an interim dividend of ₹5 per share.

Sun TV Network operates television channels in multiple Indian languages and manages FM radio stations. Its diverse business also includes movie production and ownership of cricket franchises such as SunRisers Hyderabad. The company also operates the digital OTT platform SunNXT.

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