Tag: Sun Risers Hyderabad

  • Sun TV reports improved Q1-18 numbers, declares 50% interim dividend

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 June 2017 (Q1-18, current quarter) as compared to the corresponding quarter of the previous year (y-o-y, Q1-17). Sun TV reported 5.2 per cent higher consolidated total income in the current quarter at Rs 8,233.8 million as compared to Rs 7,823.8 million in q1-17. Operating revenue increased 3.4 per cent to Rs 7,863.2 million in Q1`-18 from Rs 7,608.3 million in Q1-17. The board of directors of Sun TV has declared an interim dividend of Rs 2.50 per equity share of face value of Rs 5 each (50 per cent).

    The company says in its earnings release that subscription revenue at Rs 2,705 million was up 15.3 per cent in Q1-18 as against Rs 2,346.8 million in the corresponding quarter of the previous year.

    The company’s profit after tax or PAT in Q1-18 improved 8 per cent to Rs 2,516.4 million (32 per cent of Operating Revenue) as compared to Rs 2,330.6 million (29.8 per cent of Operating Revenue) in Q1-17.

    Sun TV EBIDTA in the current quarter was Rs 4,483.6 million (57 percent of Operating Revenue), 2.7 percent higher as compared to Rs 4,369.9 million (57.4 percent of Operating revenue) in Q1-17.

    Total Expenditure (TE) in the current quarter increased 3.8 per cent to Rs 4,415 million (56.1 per cent of Operating Revenue) as compared to Rs 4,253 million (54.4 per cent of Operating Revenue) in the corresponding quarter of the previous year.

    Operating expense in Q1-18 increased 37.6 per cent to Rs 683.1 million (8.7 per cent of Operating Revenue) from Rs 496.6 million (6.3 per cent of Operating Revenue) in the corresponding quarter of the previous year.

    Employee Benefits Expense in Q1-18 increased 13.5 per cent to Rs 684.2 million (8.7 per cent of Operating Revenue) as compared to Rs 603 million (7.7 per cent of Operating revenue) in Q1-17.

    Other expenses (OE) in the Q1-18 decreased 10.3 per cent to Rs 1,157.5 million (14.7 percent of Operating Revenue) as compared to Rs 1,290 million (16.5 per cent of Operating Revenue) in the corresponding quarter of the previous year.

    IPL Franchisee

    Sun TV has paid franchisee fees for its IPL team Sun Risers Hyderabad (SRH) of Rs 85.48 million in Q1-18 same as in the first quarter of FY-17. The company says that its IPL Franchisee had revenue of Rs 1,431 million in Q1-18, down 0.7 per cent as compared to Rs 1,440.4 million in Q1-17. IPL Franchisee costs in Q1-18 were down 5.9 per cent to Rs 1,655 million as compared to Rs 1,758.4 million in Q1-17.

  • Most watched teams of IPL 10

    BENGALURU: The tenth edition of the T20 Indian Premier League that ended on 21 May 2017 (IPL 10 or IPL 2017) garnered much better viewership than its predecessor – IPL 2016 according to Broadcast Audience Research Council of India (BARC) data. Fifty nine of the sixty matches – 55competition (56 planned) matches, two qualifiers, 1 eliminator and one final match, were played by 8 teams over 43 days (44 planned) across 47 days with over 200 Indian and international cricketers. One match – match number 29 between Royal Challengers Bangalore and Sun Risers Hyderabad on Tuesday, 24 April 2017 was not played because of incessant rain at the venue – The M. Chinnaswamy Stadium at Bangalore.

    A larger proportion of rural viewers watched IPL 10 – 47 percent of total viewers as against 39 percent of total viewers in the case of IPL 9. The ratio of male to female viewers was almost unchanged as was the ratio of HSM markets to South markets. 41 percent of females made up the viewership of IPL10 as compared to 42 percent in IPL 9, and 73 percent of the total viewers were from the HSM market in IPL 10 as compared to 72 percent in the case of IPL 9.

    Average viewership per match in IPL 2017 at 21.19 million impressions was 24 percent more than the average 17.11 million impressions that were recorded for IPL 9. On weekends, which included Saturday’s and Sunday’s along with two Mondays’ – (17 April 2017 and 1 May 2017 or May day) and two Friday’s –(14April 2017 and 28 April 2017) average Impressions for primetime matches or evening matches in IPL 10 increased 20.5 percent to 26.222 million as compared to 21.753 million for IPL 9. In all, 44 matches (43 played) were scheduled for evening primetime and 16 matches for afternoon during IPL 10’s extended weekends.

    Afternoon matches saw viewership increase 26.54 percent in IPL 10 to an average of 12.713 million per afternoon match from an average of 10.046 million per afternoon match during IPL 9.

    So which were the most watched teams of IPL 10?

    For IPL 10, matches 1 to 56 were the competition matches – each team played 2 matches with each of the other seven contestants – the only exception being match number 29 mentioned above. Hence each team was supposed to play 14 competition matches. The last four matches of IPL 10 (technically it should be 3, with the fourth being the finals –match 60) have been considered as Knockouts matches in this report by the author.All the Knockouts matches were played only in the evening. Two (matches 57 and 59) of the 3 matches were qualifiers, with one eliminator match (match 58) and one final – match 60.

    The qualifiers, the eliminator or Knockouts and the finals were sure to garner high viewership, and to bring the teams at par, only the matches before the Knockouts have been considered to determine which teams were the most watched team in IPL 10.

    Data for the matches 1 to 56 (except the washout match 29) indicates average viewership of 23.764 million per evening or primetime match during IPL10 for 39 payed evening matches before the Knockouts.  Of the 56 planned matchesuntil the Knockouts, 16 were afternoon matches as mentioned above. Forty-two evening matches had higher ratings than the highest ratings garnered by an afternoon match.

    Evening matches before the Knockouts

    Four teams had average viewership per match that were higher than the overall average viewership per match for all evening matches until the Knockouts. Please refer to the figure below.

    Team Mumbai or Mumbai Indians (MI) topped the list with 24.950 million average impressions per match, followed very closely behind by team Bangalore or Royal Challengers Bangalore (RCB) with 24.893 million average impressions per match. The two matches played by these two teams against each other were afternoon matches – one of which was the most viewed afternoon match.

    Trailing not too far behind RCB was team Pune (Rising Pune Supergiant or RPS) with average match impressions of 24.672 million permatch. Team Kolkata or Kolkata Knight Riders (KKR) was also close at fourth place with average 24.673 million impressions per match until the Knockouts in IPL 10. Also, trailing at fifth place was team Hyderabad or Sun Rises Hyderabad (SRH) with average impressions of 23.558 million per match. Team Punjab or Kings XI Punjab (KXIP), Team Gujarat (Gujarat Lions or GL) and Team Delhi (Delhi Daredevils or DD followed at sixth, seventh and eighth places respectively.

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    The average of the sum of average weekly impressions per match – 209.778 million divided by the eight weeks or part thereof that the IPL 10 matches were played, works out to 26.222 million impressions per match. However, a simple average based on the sum of all the 43 evening IPL matches (1,043.242 million) divided by the number of matches played (43) works out to 24.261 million impressions per evening match.

    The most watched match of IPL 10 was the final with 39.403 million average impressions on Sunday, 21 May 2017. The most watched match of the season before the Knockouts was Match no 2 between Mumbai and Pune on Thursday, 6 April 2017 at Pune that had 30.328 million average impressions. It was an evening match, right at the commencement of IPL 10.

    Afternoon matches

    For the 16 afternoon matches, the simple average obtained by dividing the sum of impressions of all matches (206.733 million) by 16, works out to 12.921 million average impressions per match. Three teams scored higher viewership impressions for the afternoon sessions than the average viewership per match of all matches. Again, like in the case of evening matches, team Mumbai drew the most eyeballs with a simple average of 16.456 million impressions per match from 3 matches. The Bangalore team was next with an average of 14.228 million impressions per match from 4 afternoon matches. Team Gujarat was third with an average of 13.942 million impressions per match from 4 matches. Please refer to the figure below.

    public://22222222222222_0.jpg

    The highest rated afternoon match was Match no 12 between Bangalore and Mumbai on 14 April 2017 with 18.130 million impressions. Both teams were the most watched teams of IPL 10. The match was played on a day that was a holiday in most parts of the country.

    End Points

    Many factors could be responsible for higher viewership ratings – this could include viewer fascination for the team, more matches played by a team on a holiday/s or in the evening session/s as compared to the teams that attracted lower viewer eyeballs. Would evening matches between Mumbai and Bangalore have drawn more viewers? Both teams are composed of some of the most exciting cricketers in the world? Quite likely! It would only be a cliché to say that IPL has in general succeeded in all its seasons in affecting viewership during all of them.

    It may be noted that the average impressions per match in the afternoon mentioned in the early part of this report is based on the average of average impressions of the weeks divided by the number of weeks –this was mentioned earlier as 12.713 million per afternoon match for IPL 10 and an average of 10.046 million per afternoon match during IPL 9. However to bring parity, in the chart above, and at the cost of repetition, the average impressions per match have been obtained by adding the impressions of all the afternoon matches divided by the number of afternoon matches.

  • Sun TV fiscal 2017 numbers grow

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the year ended 31 March 2017 (FY-17, current year, fiscal) as compared to the previous year (FY-16). Sun TV reported 8.1 percent higher consolidated total income in the current year at Rs 27,995.2 million as compared to Rs 25,899.7 million in FY-16. Operating revenue increased 7 percent to Rs 26,457.2 million in FY-17 from Rs 24,736.2 million in FY-16.

    On a standalone basis, the company says in its earnings release that subscription revenue at Rs 9,614.1 million was up 18 percent as against Rs 8,126.8 million in the previous year.

    The company’s profit after tax or PAT in FY-17 improved 11.7 percent to Rs 10,306.6 million (39 percent of Operating Revenue) as compared to Rs 9,223.1 million (37.3 percent of Operating Revenue) in FY-16.

    Sun TV EBIDTA in the current year was Rs 17,698.4million (66.9 percent of Operating Revenue), 2.1 percent higher as compared to Rs 17,327.4 million (70 percent of Operating revenue) in FY-16.

    Total Expenditure (TE) in the current year increased 3 percent to Rs 12,773.6 million (48.3 percent of Operating Revenue) as compared to Rs 12,397.9 million (50.1 percent of Operating Revenue) in the previous year.

    Operating expense in fiscal 2017 increased 19.3 percent to Rs 2,337.7 million (8.8 percent of Operating Revenue) from Rs 1,958.1 million in the previous year.

    Employee Benefits Expense in FY-17 increased 8.6 percent to Rs 2,562,7 million (9.7 percent of Operating Revenue) as compared to Rs 2,359.9 million (9.5 percent of TIO) in FY-16.

    Other expenses (OE) in the FY-17 was 13.8.percent more at Rs 2,381.2 million (9 percent of Operating Revenue) as compared to Rs 2,092.4 million (8.5 percent of Operating Revenue) in the previous year.

    Sun TV has paid franchisee fees for its IPL team Sun Risers Hyderabad (SRH) of Rs 85.48 million in Q1-17 as compared to Rs 85.05 million in the first quarter of FY-16.

  • Sun TV third quarter of 2017 numbers up

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter (Q3-16). The board of directors have declared an interim dividend of Rs 5 per equity share of Rs 5 each (100 percent) for the financial year 2016-17.

    Sun TV reported 2.8 percent higher year-over-year (y-o-y) revenue in the current quarter at Rs 589.43 crore as compared to Rs 573.24 crore in Q3-16.

    Revenue growth in Q3-17 was led by a 16.8 percent y-o-y increase in subscription revenue at Rs 241.94 crore from Rs 207.16 crore.

    The company’s Profit after tax or PAT in Q3-17 improved 11 percent y-o-y to Rs 240.09 crore (40.7 percent margin) as compared to Rs 216.33 crore (37.7 percent margin) in Q3-16.

    Sun TV EBIDTA in the current quarter was Rs 439.73 crore (74.6 percent EBIDTA margin), almost flat (0.6 percent higher) as compared to Rs 437.29 crore (76.3 percent EBIDTA margin) in Q3-16.

    Total Expenditure (TE) in the current quarter decreased 3.8 percent y-o-y to Rs 260.39 crore (44.2 percent of TIO) as compared to Rs 270.70 crore (47.2 percent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q3-17 increased 1.3 percent y-o-y to Rs 59.86 crore (10.2 percent of TIO) as compared to Rs 59.21 crore (10.3 percent of TIO) in Q3-16.

    Other expenses (OE) in the Q3-17 was 2.6 percent lower at Rs 36.06 crore (6.1 percent of TIO) as compared to Rs 37.04 crore (6.5 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the nine month period ended 31 December 2016 (9M-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.96 crore in 9M-16 and costs of Rs 175.11 crore and Rs 153.21 crore for 9M-17 and 9M-16 respectively.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Sun TV posts improved y-o-y numbers for Q2-17

    Sun TV posts improved y-o-y numbers for Q2-17

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16).

    Sun TV reported 10.4 per cent higher year-over-year (y-o-y) revenue in the current quarter at Rs 625.49 crore as compared to Rs 567.55 crore in Q2-16.

    Revenue growth in Q2-17 was led by a 17 per cent y-o-y increase in subscription revenue at Rs 228.55 crore from Rs 195.32 crore, and a two per cent y-o-y increase in advertisement revenue at Rs 309.43 crore as compared to Rs 302.93 crore.

    The company’s Profit after tax or PAT improved 21.7 per cent y-o-y to Rs 270.35 crore (43.2 per cent margin) as compared to Rs 222.07 crore (39.1 per cent margin).

    Sun TV EBIDTA in the current quarter was Rs 466.32 crore (74.6 per cent EBIDTA margin), 8.3 per cent higher as compared to Rs 430.52 crore (75.9 per cent EBIDTA margin) in Q2-16.

    Total Expenditure (TE) in the current quarter increased 3 per cent to Rs 262.20 crore (41.9 per cent of TIO) as compared to Rs 254.61 crore (44.9 per cent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q2-17 increased 21.2 per cent to Rs 71.83 crore (11.5 per cent of TIO) as compared to Rs 59.27 crore (10.4 per cent of TIO) in Q2-16.

    Other expenses (OE) in the Q1-17 was 9.7 per cent higher at Rs 36.01 crore (5.8 per cent of TIO) as compared to Rs 32.83 crore (5.8 per cent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the half year ended 30 September 2016 (HY1-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.5 crore in HY1-16 and expenses of Rs 175.02 crore and Rs 143.25 crore for HY1-17 and HY-16 respectively.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Sun TV posts improved y-o-y numbers for Q2-17

    Sun TV posts improved y-o-y numbers for Q2-17

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16).

    Sun TV reported 10.4 per cent higher year-over-year (y-o-y) revenue in the current quarter at Rs 625.49 crore as compared to Rs 567.55 crore in Q2-16.

    Revenue growth in Q2-17 was led by a 17 per cent y-o-y increase in subscription revenue at Rs 228.55 crore from Rs 195.32 crore, and a two per cent y-o-y increase in advertisement revenue at Rs 309.43 crore as compared to Rs 302.93 crore.

    The company’s Profit after tax or PAT improved 21.7 per cent y-o-y to Rs 270.35 crore (43.2 per cent margin) as compared to Rs 222.07 crore (39.1 per cent margin).

    Sun TV EBIDTA in the current quarter was Rs 466.32 crore (74.6 per cent EBIDTA margin), 8.3 per cent higher as compared to Rs 430.52 crore (75.9 per cent EBIDTA margin) in Q2-16.

    Total Expenditure (TE) in the current quarter increased 3 per cent to Rs 262.20 crore (41.9 per cent of TIO) as compared to Rs 254.61 crore (44.9 per cent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q2-17 increased 21.2 per cent to Rs 71.83 crore (11.5 per cent of TIO) as compared to Rs 59.27 crore (10.4 per cent of TIO) in Q2-16.

    Other expenses (OE) in the Q1-17 was 9.7 per cent higher at Rs 36.01 crore (5.8 per cent of TIO) as compared to Rs 32.83 crore (5.8 per cent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the half year ended 30 September 2016 (HY1-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.5 crore in HY1-16 and expenses of Rs 175.02 crore and Rs 143.25 crore for HY1-17 and HY-16 respectively.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    MUMBAI: Sun TV Network Limited (Sun TV) reported 10.4 per cent growth in Total Income from Operations (TIO) and 19 percent growth in profit after tax (PAT) for the quarter ended 30 June 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter. 

    TIO in Q1-17 was Rs 760.83 crore as compared to Rs 689.45 crore in Q1-16. The company’s PAT in the current quarter was Rs 233.06 crore (30.6 percent PAT margin) in Q1-17 and was Rs 195.82 crore (28.4 percent PAT margin) in the corresponding quarter of the previous year.

    The company claims that its year-over-year (y-o-y) subscription revenue has gone up by approximately 22 percent in the current quarter to Rs 232.13 crore and its DTH subscription revenue has grown by 16 percent y-o-y.

    Sun TV EBIDTA in the current quarter was Rs 436.43 crore (57.4 percent EBIDTA margin) 7.2 percent higher as compared to Rs 406.93 crore (59 percent EBIDTA margin) in Q1-16.

    Total Expenditure (TE) in the current quarter increased 3 percent to Rs 425.17 crore (55.9 percent of TIO) as compared to Rs 412.69 crore (59 percent of TIO) in the corresponding quarter of the previous year.

    Employee Benefits Expense (EBE) in Q1-17 increased 10.6 percent to Rs 60.30 crore (7.9 percent of TIO) as compared to Rs 56.92 crore (10 percent of TIO) in Q1-16.

    Other expenses (OE) in the Q1-17 was 39.8 percent higher at Rs 128.96 crore (16/9 percent of TIO) as compared to Rs 92.22 crore (13.4 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The company says that it’s IPL franchisee’s income in Q1-17of Rs 144.04 crore as compared to Rs 96.55 crore in Q1-16.  Sun Risers Hyderabad has incurred costs of Rs 175.84 crore in the current quarter as compared to Rs 153.16 crore in Q1-16.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    MUMBAI: Sun TV Network Limited (Sun TV) reported 10.4 per cent growth in Total Income from Operations (TIO) and 19 percent growth in profit after tax (PAT) for the quarter ended 30 June 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter. 

    TIO in Q1-17 was Rs 760.83 crore as compared to Rs 689.45 crore in Q1-16. The company’s PAT in the current quarter was Rs 233.06 crore (30.6 percent PAT margin) in Q1-17 and was Rs 195.82 crore (28.4 percent PAT margin) in the corresponding quarter of the previous year.

    The company claims that its year-over-year (y-o-y) subscription revenue has gone up by approximately 22 percent in the current quarter to Rs 232.13 crore and its DTH subscription revenue has grown by 16 percent y-o-y.

    Sun TV EBIDTA in the current quarter was Rs 436.43 crore (57.4 percent EBIDTA margin) 7.2 percent higher as compared to Rs 406.93 crore (59 percent EBIDTA margin) in Q1-16.

    Total Expenditure (TE) in the current quarter increased 3 percent to Rs 425.17 crore (55.9 percent of TIO) as compared to Rs 412.69 crore (59 percent of TIO) in the corresponding quarter of the previous year.

    Employee Benefits Expense (EBE) in Q1-17 increased 10.6 percent to Rs 60.30 crore (7.9 percent of TIO) as compared to Rs 56.92 crore (10 percent of TIO) in Q1-16.

    Other expenses (OE) in the Q1-17 was 39.8 percent higher at Rs 128.96 crore (16/9 percent of TIO) as compared to Rs 92.22 crore (13.4 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The company says that it’s IPL franchisee’s income in Q1-17of Rs 144.04 crore as compared to Rs 96.55 crore in Q1-16.  Sun Risers Hyderabad has incurred costs of Rs 175.84 crore in the current quarter as compared to Rs 153.16 crore in Q1-16.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Q3-2016: Sun TV YoY revenue & PAT up

    Q3-2016: Sun TV YoY revenue & PAT up

    BENGALURU: Sun TV Network Limited (Sun TV) reported 3.9 per cent growth in standalone revenue (Total income from operations or TIO) in Q3-2016 (quarter ended 31 December, 2015, current quarter) at Rs 574.12 crore as compared to Rs 552.44 crore in Q3-2015 and a 1.1 per cent QoQ growth from Rs 568.09 crore in Q2-2016. Including other income, Total income in the current quarter increased 4.1 per cent YoY to Rs 598.72 crore from Rs 575.03 crore and increased 1.7 per cent QoQ as compared to Rs 588.44 crore.

    The company reported 0.7 per cent higher YoY profit after tax (PAT) in the current quarter at Rs 215.59 crore (37.6 per cent margin) as compared to Rs 214.13 crore (38.8 per cent margin), but 1.7 per cent lower than the Rs 218.38 crore (38.4 per cent margin) in Q2-2016. 

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore
    All figures in this report are standalone.

    The company in its earnings release says that advertisement revenues grew two per cent YoY in the current quarter to Rs 298.35 crore, but were one per cent lower QoQ as compared to Rs 301.37 crore in the immediate trailing quarter. It says that DTH revenue (Sun Direct) for Q3-2106 was up 14 per cent at Rs.150.88 crore.

    The Sun TV board of directors has declared a second interim dividend of Rs 2 per share (40 per cent) on a face value of Rs 5 per share. With this, the total dividend declared by the Board so far for the financial year 2015 – 16 is Rs 8 per share (160 per cent) on a face value of Rs 5 per share as against the total dividend of Rs 11.25 per share (225 per cent) on a face value of Rs 5 per share declared during the previous year ended 31 March, 2015.

    Let us look at the other numbers reported by Sun TV

    Sun TV reported EBIDTA of Rs 440.44 crore (76.7 per cent margin), which was 3 per cent higher YoY as compared to Rs 427.8 crore (77.4 per cent margin) and 1.9 per cent higher QoQ as compared to Rs 432.23 crore (76.1 per cent margin).

    Sun TV’s total expenses (TE) in the current quarter at Rs 268.43 crore (46.8 per cent of TIO) was 7.4 per cent higher YoY as compared to Rs250.05 crore (45.3 per cent of TIO) and 5.9 per cent higher QoQ as compared to Rs 253.44 crore (44.6 per cent of TIO). The company’s TE of Rs 412.1 crore (59.6 per cent of TIO) in Q1 included IPL Franchisee (Sun Risers Hyderabad) of Rs 85.05 crore (12.3 per cent of TIO), which is a non-recurring item during the other three quarters of the year. 

    Sun TV’s ‘Other Expenditure’ (OE) increased 30.6 per cent YoY to Rs 35.16 crore (6.1 per cent of TIO) as compared to Rs 26.93 crore (4.9 per cent of TIO) and was 12.3 per cent higher QoQ as compared to Rs 31.31 crore (5.5 per cent of TIO).

    Sun TV’s Employee Benefit Expense (EBE) in Q3-2016 increased 5.5 per cent YoY to Rs 58.73 crore (10.2 per cent of TIO) as compared to Rs 55.69 crore 10.1 per cent of TIO) and increased 3.2 per cent QoQ as compared to Rs 56.92 crore (10 per cent of TIO) in the immediate trailing quarter.

  • Q3-2016: Sun TV YoY revenue & PAT up

    Q3-2016: Sun TV YoY revenue & PAT up

    BENGALURU: Sun TV Network Limited (Sun TV) reported 3.9 per cent growth in standalone revenue (Total income from operations or TIO) in Q3-2016 (quarter ended 31 December, 2015, current quarter) at Rs 574.12 crore as compared to Rs 552.44 crore in Q3-2015 and a 1.1 per cent QoQ growth from Rs 568.09 crore in Q2-2016. Including other income, Total income in the current quarter increased 4.1 per cent YoY to Rs 598.72 crore from Rs 575.03 crore and increased 1.7 per cent QoQ as compared to Rs 588.44 crore.

    The company reported 0.7 per cent higher YoY profit after tax (PAT) in the current quarter at Rs 215.59 crore (37.6 per cent margin) as compared to Rs 214.13 crore (38.8 per cent margin), but 1.7 per cent lower than the Rs 218.38 crore (38.4 per cent margin) in Q2-2016. 

    Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore
    All figures in this report are standalone.

    The company in its earnings release says that advertisement revenues grew two per cent YoY in the current quarter to Rs 298.35 crore, but were one per cent lower QoQ as compared to Rs 301.37 crore in the immediate trailing quarter. It says that DTH revenue (Sun Direct) for Q3-2106 was up 14 per cent at Rs.150.88 crore.

    The Sun TV board of directors has declared a second interim dividend of Rs 2 per share (40 per cent) on a face value of Rs 5 per share. With this, the total dividend declared by the Board so far for the financial year 2015 – 16 is Rs 8 per share (160 per cent) on a face value of Rs 5 per share as against the total dividend of Rs 11.25 per share (225 per cent) on a face value of Rs 5 per share declared during the previous year ended 31 March, 2015.

    Let us look at the other numbers reported by Sun TV

    Sun TV reported EBIDTA of Rs 440.44 crore (76.7 per cent margin), which was 3 per cent higher YoY as compared to Rs 427.8 crore (77.4 per cent margin) and 1.9 per cent higher QoQ as compared to Rs 432.23 crore (76.1 per cent margin).

    Sun TV’s total expenses (TE) in the current quarter at Rs 268.43 crore (46.8 per cent of TIO) was 7.4 per cent higher YoY as compared to Rs250.05 crore (45.3 per cent of TIO) and 5.9 per cent higher QoQ as compared to Rs 253.44 crore (44.6 per cent of TIO). The company’s TE of Rs 412.1 crore (59.6 per cent of TIO) in Q1 included IPL Franchisee (Sun Risers Hyderabad) of Rs 85.05 crore (12.3 per cent of TIO), which is a non-recurring item during the other three quarters of the year. 

    Sun TV’s ‘Other Expenditure’ (OE) increased 30.6 per cent YoY to Rs 35.16 crore (6.1 per cent of TIO) as compared to Rs 26.93 crore (4.9 per cent of TIO) and was 12.3 per cent higher QoQ as compared to Rs 31.31 crore (5.5 per cent of TIO).

    Sun TV’s Employee Benefit Expense (EBE) in Q3-2016 increased 5.5 per cent YoY to Rs 58.73 crore (10.2 per cent of TIO) as compared to Rs 55.69 crore 10.1 per cent of TIO) and increased 3.2 per cent QoQ as compared to Rs 56.92 crore (10 per cent of TIO) in the immediate trailing quarter.