Friday, Jun 21 2024 | Time 19:27 Hrs(IST)
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Business Economy


Sun TV Network net up 9 pc in Q4 at Rs 398.77 crore

New Delhi, May 24 (UNI) Sun TV Network on Friday reported a 9 percent jump in net profit at Rs 398.77 crore for the quarter ended March 31, 2024, as against Rs 365.82 crore for the corresponding quarter ended March 31, 2023.
The total income grew by 18.22 percent to Rs 1,057.24 crore for the quarter (January–March) of 2023–24 against Rs 894.33 crore for the corresponding quarter ended March 31, 2023, the company said in a release.
Sun TV Network Limited, one of the largest television broadcasters in India, operates satellite television channels across seven languages (Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi, and Hindi), airs FM radio stations across India, and 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.
For the full year 2023–24, net profit (after accounting for shares from joint ventures) also remained higher by about 12.82 percent at Rs 1,925.80 crore as against Rs 1,706.92 crore for the previous year ended March 31, 2023. While the consolidated revenues were up by 13.52 percent at Rs 4,282.10 crore as against Rs 3,772.05 crore for the corresponding year ended March 31, 2023, the company said.
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