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HomeNewsNational NewsQ3 net profit of Sun TV Network rises 7.15%
Friday, 14 February 2020 12:23

Q3 net profit of Sun TV Network rises 7.15%

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The net profit for the quarter ended 31st December of the Sun TV Network‘s rose 7.15% to Rs 384.69 crore from Rs 359.01 crore for the corresponding quarter ended 31st December 2018.

Sun TV Network is one of the largest television broadcasters in India. It operates satellite television channels across Tamil, Telugu, Kannada, Malayalam, and Bengali languages. It also operates FM radio stations across India.

Its income from operations fell 9.74% to Rs 847.8 crore compared to Rs 939.31 crore. Total expenses were down 8.48% to Rs 404.35 crore as against Rs 441.86 crore.

The net profit, on a standalone basis, for the quarter has jumped 6% to Rs 373.45 crore as against Rs 351.33 crore. The Profit Before Taxes for the quarter was at Rs 498.46 crore as against Rs 542 crore.

Its revenues (excluding income from movie distribution) was at Rs 799.29 crore as against Rs 795.95 crore. The subscription revenue for the quarter was up by 18% at Rs 411.85 crore as against Rs 349.60 crore.

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