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HomeNewsNational NewsSun TV Network registers 32% spike in its Q3 profit
Friday, 08 February 2019 06:53

Sun TV Network registers 32% spike in its Q3 profit

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Sun TV Network, the TV broadcaster, has registered 32% growth in its Q3 profit. Its net profit for the quarter ended 31st December was Rs. 351.33 crore compared to Rs. 266.97 crore. 

Also, its profit before tax (PBT) was up 33% at Rs. 542 crore as against Rs 406.63 crore. The group’s revenue was up by 32% at Rs. 904.45 crore as against Rs. 683.28 crore in the previous fiscal. The total income for the quarter was higher by 34% at Rs. 956.04 crore as against Rs. 712.39 crore. Total expenses jumped 35.43% to Rs 414.04 crore from Rs 305.7 crore due to the launch of Sun Bangla.

Its subscription revenue for the quarter was up by 24% at Rs. 349.60 crore as against Rs. 281.82 crore. Ad revenue was up 13% at Rs 381.4 crore compared to Rs 338 crore in Q3 FY18. After accounting for the other comprehensive income (net of taxes), the total comprehensive income was up 32% at Rs. 351.39 crore as against Rs. 267.03 crore.

Sun TV Network owns Tamil, Telugu, Kannada, and Malayalam TV channels, and has FM radio stations across India.

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