ITV

Tag: Sun TV Network Limited

  • Sun TV says old family dispute has no link to company operations

    Sun TV says old family dispute has no link to company operations

    MUMBAI: When the sun shines too brightly, even shadows make headlines. Sun TV Network Limited has issued a firm clarification following a series of media reports that resurfaced a decades-old personal matter involving its promoter and a family member. The company has categorically stated that the issue in question dating back 22 years to when the network was still a private limited company is personal in nature and has no bearing on the broadcaster’s operations or governance.

    In a formal stock exchange disclosure dated 20 June 2025, Sun TV dismissed the coverage as “incorrect, misleading, speculative and defamatory,” adding that all relevant corporate actions had been legally vetted and found compliant before the company’s public listing.

    “The matters alleged in the articles do not have any bearing on the business of the company or its day-to-day functioning,” the statement reads. Sun TV also stressed that the issue pertains solely to the promoter’s personal life and should not be conflated with the affairs of the listed entity.

    With this rebuttal, Sun TV seeks to put a lid on what it sees as media overreach, as the broadcaster continues to focus on its expansive entertainment footprint across South India. For now, the channel has chosen not to fuel the drama, leaving the theatrics to its primetime soaps.

  • Sun TV operating margin up despite revenue and bottom-line fall in Covid2019 quarter

    Sun TV operating margin up despite revenue and bottom-line fall in Covid2019 quarter

    BENGALURU: Kalanathi Maran’s regional telecaster and FM radio broadcaster Sun Tv Network (Sun TV) reported 44.3 percent y-o-y decrease in consolidated operating revenue for the quarter ended 30 June 2020 (Q1 2021, period or quarter under review) as compared to the corresponding quarter of the previous year Q1 2020. Total Income (operating revenue plus other income) during the quarter declined 38.2 percent y-o-y as compared to Q1 2020. Profit after tax (PAT) declined 33.5 percent y-o-y in Q1 2021 as compared to the year ago quarter. Even the operating profit (EBITDA) for Q1 2021 fell 41.1 percent y-o-y in Q1 2021 as compared to Q1 2020. However, EBITDA margin of operating revenue for Q1 2021 was 66.9 percent as compared to 62.6 percent in Q1 2020. Sun TV is one of the largest networks in the country that has channels across the four major South Indian languages. All the numbers in this reported are consolidated unless stated otherwise.

    The company reported revenue of Rs 611.51 crore and Rs 1,110.04 crore in Q1 2021 and Q1 2020 respectively, PAT for Q1 2021 was Rs 257.11 crore and for Q1 2020 it was Rs 386.81 crore. EBITDA in Q1 2021 was Rs 409.11 crore as compared to Rs 694.95 crore in the corresponding year ago quarter. The company attributes the fall in revenue to the absence of IPL which normally happens during the first quarter and also absence of movie distribution in particular during the COVID2019 quarter. In the corresponding year ago quarter, Sun TV had reported revenue of Rs 244.39 crores and corresponding costs of Rs 138.40 crores for its IPL franchisee SunRisers Hyderabad.

    Sun TV has mentioned in its earnings release for Q1 2021 that subscription revenue during the quarter under review increased 17.6 percent y-o-y to Rs 442.25 crore from Rs 375.95 crore in Q1 2020.

    Let us look at the other consolidated numbers reported by the company for Q1 2021

    Consolidated total expenditure in Q1 2021 was 38.8 percent lower y-o-y at Rs 356.82 crore as compared to Rs 582.09 crore in the corresponding quarter of the previous year.

    Consolidated operating expense in Q1 2021 reduced 52.1 percent y-o-y to Rs 70.85 crore from Rs 148.01 crore in Q1 2020. Consolidated employee benefits expense in Q1 2021 declined 1.2 percent y-o-y to Rs 80.03 crore as compared to Rs 81.02 crore in Q1 2020. Consolidated other expenses (OE) in the Q1 2021 fell 63.1 percent to Rs 51.52 crore as compared to Rs 139.75 crore in Q1 2020.

  • Sun TV operating revenue falls, subscription revenue up

    Sun TV operating revenue falls, subscription revenue up

    BENGALURU: Kalanathi Maran’s regional telecaster and FM radio broadcaster Sun Tv Network (Sun TV) reported 6.3 percent decrease in consolidated operating revenue for FY 2020 as compared to the previous year FY 2019. The company reported that subscription revenues were up 18.3 percent y-o-y at Rs 1,562.23 crore for the year ended 31 March 2020 (FY 2020, period or year under review) as compared to the previous yeara. Sun TV revealed that it had incurred a 6.3 percent decline in advertising revenue for the year under review at Rs 1,336.91 crore from Rs 1,426.67 crore in FY 2019.

    Sun TV reported 3.3 percent decline in consolidated profit after taxes or PAT to Rs 1,385.49 crore for FY 2020 as compared to Rs 1,432.37 crore for FY 2019.  Sun TV is one of the largest networks in the country that has channels across the four major South Indian languages.

    Consolidated operating revenue for the period was Rs 3,519.85 crore as compared to Rs 3,782.54 crore for FY 2019. Total income (revenue) for FY 2020 reduced 5.7 percent to Rs 3,780.50 crore as compared to Rs 4,009.65 crore in FY 2019.

    Calculated simple consolidated EBITDA for FY 2020 at Rs 2,275.92 crore (60.2 percent of Operating Revenue) was 12.7 percent lower than the Rs 2,606.68 crore (68.9 percent of Operating Revenue) in the previous year

    Let us look at the other consolidated numbers reported by the company for FY 2020

    Consolidated Total expenditure in FY 2020 increased 6,3 percent to Rs 1,956.88 crore as compared to Rs 1,840.32 crore in the previous year.

    Consolidated Operating expense in FY 2020 increased 17.5 percent to Rs 526.71 crore from Rs 448.32 crore in the previous year. Consolidated Employee benefits expense in FY 2020 declined 2 percent y-o-y to Rs 323.22 crore as compared to Rs 329.86 crore in FY 2019. Consolidated Other expenses (OE) in the FY 2020 increased 11.2 percent to Rs 347.69 crore as compared to Rs 312.69 crore in FY 2019.

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  • Sun Tv subscription revenue up; declares 150% interim dividend

    Sun Tv subscription revenue up; declares 150% interim dividend

    BENGALURU: Kalanathi Maran’s regional telecaster and FM radio broadcaster Sun Tv Network (Sun TV) reported that subscription revenues was up 18  percent y-o-y at Rs 411.85 crore for the quarter ended 31 December 2019 (Q3 2020, period or quarter under review) as compared to the corresponding year ago quarter (Q3 2019). The company reported consolidated profit after taxes or PAT growth at 7.2 percent to Rs 384.69 crore for Q3 2020 as compared to Rs 359.01 crore for Q3 2019. Standalone PAT increased 6.3 percent y-o-y to Rs 373.45 crore from Rs 351.33 crore.

    The board of directors of the company has announced the third interim dividend in the year of Rs 7.50 per share (150 percent) on a face value of Rs 5 per share.

    Sun TV is one of the largest networks in the country that has channels across the four major South Indian languages.

    Sun Tv reported 9.7 percent y-o-y decrease in consolidated operating revenue for Q3 2020 as compared to the corresponding year ago quarter Q3 2019. Consolidated operating revenue for the period was Rs 8547.81 crore as compared to Rs 939.31 crore for Q3 2019. Total income (revenue) for Q3 2020 reduced 67.9 percent y-o-y to Rs 914.71 crore as compared to Rs 992.58 crore in Q3 2019.

    Standalone operating revenue declined 9.9 percent to Rs 814.97 crore in Q3 2020 to Rs 904.45 crore in Q3 2019. Standalone Total income (revenue) for the period declined 8.1 percent y-o-y to Rs 878.56 crore from Rs 956.04 crore.

    Calculated simple consolidated EBITDA for Q3 2020 at Rs 595.27 crore was 12.3 percent lower y-o-y than the Rs  678.80 crore. Simple standalone EBITDA for the period declined 13 percent y-o-y to Rs 580.36 crore from Rs 667.20 crore in Q3 2019.

    Let us look at the other numbers reported by the company for Q3 2020

    Consolidated Total expenditure in Q3 2020 declined 8.5 y-o-y percent to Rs 404.35 crore as compared to Rs 441.86 crore in the corresponding quarter of the previous year.

    Consolidated Operating expense in Q3 2020 declined 10.6 percent y-o-y to Rs 117.02 crore from Rs 130.87 crore in the corresponding quarter of the previous year. Consolidated Employee benefits expense in Q3 2020 declined 1 percent y-o-y to Rs 79.40 crore as compared to Rs 80.23 crore in Q3 2019. Consolidated Other expenses (OE) in the Q3 2020 increased 13.6 percent y-o-y to Rs 56.12 crore as compared to Rs 49.41 crore  in Q3 2020.

    Standalone Total expenditure in Q3 2020 declined 8.2 y-o-y percent to Rs 380.1 crore as compared to Rs 414.04 crore in the corresponding quarter of the previous year.

    Standalone Operating expense in Q3 2020 declined 9.9 percent y-o-y to Rs 110.06 crore from Rs 122.77 crore in the corresponding quarter of the previous year. Standalone  Employee benefits expense in Q3 2020 decline 1.1 percent y-o-y to Rs 70.95 crore as compared to Rs 71.71 crore in Q3 2019. Standalone Other expenses in the Q3 2020 increased 24.1 percent y-o-y to Rs 53.06 crore as compared to Rs 42.77 crore  in Q3 2020.

    SunRisers Hyderabad numbers

    Sun Tv says for the nine months ended 31 December 2019 (9M 2020) income from the company's IPL franchise SunRisers Hyderabad for season 2019 (partial) was Rs 244 44 crore as compared to Rs 386.29 crore for IPL 2018., hence a decline of 36.7 percent. Corresponding costs in 9M 2019 declined 26.8 percent y-o-y to Rs 138 46 crore from Rs 189 15 crore for 9M 2019. Hence the net operating profit for Sun Tv’s IPL franchise declined 46.2 percent y-o-y in 9M 2020 to Rs 105.98 crore from Rs 197.14 crore.

  • Sun TV reports flat PAT on 7% increase in revenue

    Sun TV reports flat PAT on 7% increase in revenue

    BENGALURU: The Kalanithi Maran-headed Sun TV Network Ltd (Sun TV) reported 5.9 percent y-o-y increase in consolidated operating revenue for the quarter ended 30 September 2019 (Q2 2020, quarter or period under review) as compared to the corresponding year ago quarter Q2 2019. Sun TV reported consolidated operating revenue of Rs 852.52 crore for Q2 2019 as compared to Rs 779.65 crore for Q2 2019. Total Income (revenue) for Q2 2020 increased 6.8 percent y-o-y to Rs 900.74 crore as compared to Rs 843.44 crore in Q2 2019.

    Consolidated profit after tax (PAT) for Q2 2020 was almost flat (up 1 percent) y-o-y at Rs 368.79.87 crore as compared to Rs 364.99 crore in Q2 2019. Calculated simple consolidated EBITDA for Q2 2020 at Rs 479.24 crore  was 15.2 percent lower y-o-y than the Rs 565.07 crore.

    Sun TV reported standalone subscription revenue of Rs 397.39 crore for Q2 2020, which was 17 percent higher than the Rs 339.79 crore for Q2 2019.

    Following closely on the heels of the dividend already declared in the first quarter, the board of directors of Sun TV has recommended a second interim dividend of Rs 2.50 per equity (50 percent) share of face value of Rs 5 each for Q2 2020.

    Let us look at the other consolidated numbers reported by the company:

    Consolidated Total Expenditure (TE) in Q2 2020 increased 66 percent to Rs 499.54 crore as compared to Rs 301.0 crore in the corresponding quarter of the previous year.

    Consolidated Operating expense in Q2 2020 almost doubled (increased 91.1 percent) y-o-y to Rs 185.41 crore from Rs  97.01 crore in the corresponding quarter of the previous year. Employee Benefits Expense in Q2 2020 increased 2 percent y-o-y to Rs 82.24 crore as compared to Rs 80.61 crore in Q2 2019. Other expenses (OE) in the Q2 2020 more than doubled (increased 112.7 percent) y-o-y to Rs 78.63 crore as compared to Rs 36.96 crore in the corresponding quarter of the previous year.

  • Sun Tv ex-IPL numbers up in Q1 2019

    Sun Tv ex-IPL numbers up in Q1 2019

    BENGALURU: The Kalanithi Maran-headed Sun TV Network Ltd (Sun TV) reported almost flat y-o-y standalone operating revenue (down 0.1 percent) for the quarter ended 30 June 2019 (Q1 2020, quarter or period under review) as compared to the corresponding year ago quarter Q1 2019. Without the income generated from Sun TV’s IPL franchise ‘Deccan Chargers’, the company’s operating revenue increased 16 percent y-o-y in Q1 2020. Sun TV reported standalone operating revenue of Rs 1,101.36 crore for Q1 2020 as compared to Rs 1,120.39 crore for Q1 2019. Ex-IPL, the company reported standalone operating revenue of Rs 856.97 crore for the quarter under review as compared to Rs 738.59 crore for Q1 2019. Sun TV reported subscription revenue of Rs 396.94 crore for Q1 2020, which was 27.5 percent higher than the Rs 311.27 crore for Q1 2019.

    The board of directors of Sun TV has recommended an interim dividend of Rs 2.50 per equity (50 percent) share of face value of Rs 5 each.

    Calculated simple standalone EBITDA for Q1 2020 at Rs 682.91 crore (62 percent of operating revenue) was 7.1 percent lower y-o-y than the Rs  734.71 crore (65.6 percent of operating revenue). Standalone profit after tax for Q1 2020 declined 6.7 percent y-o-y to Rs 381.87 crore as compared to Rs 409.14 crore in Q1 2019.

    The company reported income from its IPL franchise of Rs 244.39 crore for Q1 2020 as compared to Rs 385.92 crore in Q1 2019. IPL franchise costs for the quarter under review were Rs 138.40 crore as compared to Rs 186.66 crore in Q1 2019. Sun TV paid IPL franchisee fees of Rs 46.31 crore in Q1 2020 as compared to Rs 71.33 crore in the corresponding year ago quarter.

    Let us look at the other standalone numbers reported by the company:

    Standalone Total Expenditure (TE) in Q1 2020 increased 8.7 percent to Rs 578.99 crore as compared to Rs 532.71 crore in the corresponding quarter of the previous year.

    Standalone Operating expense in Q1 2020 more than doubled (increased 100.7 percent) y-o-y to Rs 162.38 crore from Rs  80.90 crore in the corresponding quarter of the previous year. Employee Benefits Expense in Q1 2020 reduced 13.7 percent y-o-y to Rs 73.49 crore as compared to Rs 85.16 crore in Q1 2019. Other expenses (OE) in the Q1 2020 reduced 8.1 y-o-y percent to Rs 136.27 crore as compared to Rs 148.29 crore  in the corresponding quarter of the previous year.

  • Sun TV board declares third interim dividend of 50 percent

    Sun TV board declares third interim dividend of 50 percent

    BENGALURU: The board of directors of the Sun TV Network (Sun TV) has declared a 50 percent dividend (dividend of Rs 2.50) per equity share of face value Rs 5 each for the quarter ended 31 December 2019 (Q3 2019, quarter, period under review). This is the third interim dividend disbursed by the company this fiscal.

    The South Indian television and radio broadcaster behemoth reported total comprehensive income of Rs 351.39 crore (38.9 percent of operating revenue for the quarter, which was 31.6 percent y-o-y higher as compared to Rs 267.03 crore (39.1 percent of operating revenue) for the corresponding year ago quarter.

    Sun TV reported 32.4 percent y-o-y increase in operating revenue for Q3 2019 at Rs 904.45 crore as compared to Rs 683.28 crore in Q3 2018. Total Income for the period under review at Rs 956.04 crore was 34.2 percent more y-o-y as compared to Rs 712.39 crore in Q3 2018. Sun TV says in a press release that its subscription revenue has grown by 24 percent y-o-y to Rs 349.60 crore.

    Operating profit (EBITDA) for Q3 2019 at Rs 667.20 (73.8 percent of operating revenue) increased 35.6 percent y-o-y as compared to Rs 492.04 crore (72 percent of operating revenue) in Q3 2018. Profit after tax (PAT) for the quarter at Rs 351.33 crore (38.8 percent of operating revenue) was 31.6 percent higher y-o-y than Rs 266.97 crore (39.1 percent of operating revenue).

    Sun TV reported 35.4 percent y-o-y increase in total expenditure in Q3 2019 at Rs 414.04 crore from Rs 305.76 crore in Q3 2018. Operating expenses  in Q3 2019 increased 51.5 percent y-o-y to Rs 122.77 crore from Rs 81.05 crore in the corresponding quarter of the previous fiscal. Employee benefits expense in Q3 2019 declined 0.7 percent y-o-y to Rs 71.71 crore from Rs 72.20 crore in Q3 2018.

    Finance costs increased more than elevenfold y-o-y in Q3 2019 to Rs 0.71 crore from Rs 0.06 crore in the corresponding quarter of the previous year. Other expenses increase 12.6 percent y-o-y in Q3 2019 to Rs 42.77 crore from Rs 37.99 crore in Q3 2018.

  • Sun TV moots 50% interim dividend as numbers jump in Q2

    Sun TV moots 50% interim dividend as numbers jump in Q2

    BENGALURU: Sun TV Network Ltd (Sun TV) reported improved year-on-year (y-o-y) standalone numbers across all important parameters for the quarter ended 30 September 2018 (Q2 2019, quarter or period under review) as compared to the corresponding quarter of the previous year (Q2 2018). The company reported 13.8 percent higher y-o-y standalone total income in the quarter under review at Rs 811.67 crore as compared to Rs 713.13 crore in Q2 2018. Standalone operating revenue increased 10.9 percent y-o-y to Rs 749.55 crore in Q2 2019 from Rs 675.90 crore in Q2 2018.The board of directors of the company has declared an interim dividend of 50 percent (Rs 2.50 per equity share) for the quarter under review as compared to100 percent or Rs 5 per equity share of face value of Rs 5 each in the immediate trailing quarter Q1 2019. This means that during the six month period ending 30 September 2018 (H1 2019), the company has declared dividends to the extent of 150 percent.

    The company has stated in its earnings release that standalone subscription revenue at Rs 311.27 crore was up 21.33 percent y-o-y.
     

    The company’s standalone profit after tax or PAT in Q2 2019 improved 23.4 percent y-o-y to Rs 351.32 crore as compared to Rs 284.67 crore in Q2 2019.

    Sun TV standalone EBITDA in Q2 2019 was Rs 553.97 crore (70.5 percent of operating revenue), 11.8 percent higher as compared to Rs 495.69 crore (63 percent of operating revenue) in Q1 2018. Total comprehensive income or TCI for the quarter under review was up 23.4 percent y-o-y at Rs 351.38 crore as compared to Rs 284.73 crore in Q2 2018.

    Total Expenditure (TE) during the period under review reduced 1.7 percent y-o-y to Rs 278.04 crore as compared to Rs 283.96 crore in the corresponding quarter of the previous year.

    Operating expense in Q2 2019 incresed 40.6 percent y-o-y to Rs 90.11 crore from Rs 64.08 crore in the corresponding quarter of the previous year. Employee Benefits Expense in Q2 2019 reduced 5.1 percent y-o-y to Rs 73.47 crore as compared to Rs 77.39 crore in Q2 2018. Other expenses (OE) in the Q2 2019 reduced 16.5 percent to Rs 32 crore as compared to Rs 38.34 crore in the corresponding quarter of the previous year.
     

    SunRisers Hyderabad adds to operating profits of Sun TV
     

    Sun TV paid 16.6 percent lower IPL Franchisee Fees in H1 2019 at Rs 71.33 crore as compared to Rs 85.48 crore in H1 2019. Sun TV’s IPL franchise had turned operationally profitable as per the notes in Sun TV’s financial statement  for Q1 2019. The company has included income of Rs 386.28 crore from Sun Risers Hyderabad and costs incurred on it of Rs 187.20 crore in its H1 2019 numbers. Corresponding numbers for Sun Risers Hyderabad for the year ago half year (H1 2018) were income of Rs 143.20 crore and costs of Rs 165.82 crore.

  • Sun TV declares interim dividend as numbers jump in first quarter

    Sun TV declares interim dividend as numbers jump in first quarter

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 June 2018 (Q1 2019, quarter or period under review) as compared to the corresponding quarter of the previous year (Q1 2018). The company reported 40.8 percent higher year on year (y-o-y) standalone total income in the quarter under review at Rs 1,159.39 crore as compared to Rs 823.38 crore in Q1 2018. Standalone operating revenue increased 42.5 percent y-o-y to Rs 1,120.39 crore in Q1 2019 from Rs 786.32 crore in Q1 2018.The board of directors of the company has declared an interim dividend of 100 percent or Rs 5 per equity share of face value of Rs 5 each.

    The company has stated in its earnings release that standalone subscription revenue at Rs 311.27 crore was up 15 percent y-o-y.

    The company’s standalone profit after tax or PAT in Q1 2019 improved 62.6 percent y-o-y to Rs 409.14 crore as compared to Rs 251.64 crore in Q1 2019.

    Sun TV standalone EBIDTA in Q1 2019 was Rs 731.74 crore (65.6 percent of operating revenue), 63.9 percent higher as compared to Rs 448.36 crore (57 percent of operating revenue) in Q1 2018.

    Total Expenditure (TE) during the period under review increased 20.7 percent y-o-y to Rs 532.71 crore as compared to Rs 441.5 crore in the corresponding quarter of the previous year.

    Operating expense in Q1 2019 increased 18.4 percent y-o-y to Rs 80.90 crore from Rs 68.34 crore in the corresponding quarter of the previous year. Employee Benefits Expense in Q1 2019 increased 24.5 percent y-o-y to Rs 85.16 crore as compared to Rs 64.42 crore in Q1 2018. Other expenses (OE) in the Q1 2019 increased 28.1 percent to Rs 148.29 crore as compared to Rs 115.75 crore in the corresponding quarter of the previous year.

    SunRisers Hyderabad adds to operating profits of Sun TV

    Su TV paid 16.6 percent lower IPL Franchisee Fees during the quarter under review at Rs 71.33 crore as compared to Rs 85.48 crore in Q1 2018. Sun TV’s IPL franchise has turned operationally profitable as per the notes in Sun TV’s financial statement. The company has included income of Rs 385.92 crore from Sun Risers Hyderabad and costs incurred on it of Rs186.66 crore in Q1 2019. Corresponding numbers for Sun Risers Hyderabad for year ago quarter were income of Rs 143.10 crore and costs of Rs 165.50.

  • Sun TV FY 2018, Q4 numbers grow

    Sun TV FY 2018, Q4 numbers grow

    BENGALURU: Sun TV Network Ltd (Sun TV) reported improved numbers across all important parameters for the year ended 31 March 2018 (FY 2018, year or the year under review) as compared with the previous year (FY 2017). The company reported 10.9 per cent higher consolidated total income of Rs 3,105.29 crore as against Rs 2,799.52 crore in FY 2017. Consolidated operating revenue increased by 12 per cent to Rs 2,963.02 crore from Rs 2,645.72 crore.

    The company has stated in its earnings release that standalone subscription revenue at Rs 1,141.21 crore was up 18.7 per cent as against Rs 961.41 crore in the previous year. Advertisement revenue in the year under review was up by around 12 per cent year on year (yoy) at Rs 1,309.33 crore.

    Consolidated FY 2018 numbers

    The company’s consolidated profit after tax (PAT) in FY 2018 improved by 10.2 per cent to Rs 1,135.31 crore as against Rs 1,030.66 crore in FY 2017.

    Sun TV’s consolidated EBITDA for the year under review was Rs 2,003.76 crore (67.6 per cent of operating revenue), 13.2 per cent higher as against Rs 1,769.84 crore (66.9 per cent of operating revenue) in FY 2017.

    Consolidated total expenditure (TE) in FY 2018 increased by 10.4 per cent to Rs 1,410.33 crore as compared with Rs 1,276.36 crore in the previous year. Operating expense in FY 2018 rose by 29.6 per cent to Rs 302.86 crore from Rs 233.77 crore in the previous year. Employee benefits expense in FY 2018 increased by 15 per cent to Rs 314.54 crore as against Rs 273,51 crore in FY 2017. Other expenses (OE) in FY 2018 were 9.4 per cent lower at Rs 256.38 crore as compared with Rs 283.12 crore in the previous year.

    Sun TV has paid franchisee fees for its IPL team Sun Risers Hyderabad (SRH) of Rs 85.48 crore in Q1 2018 and Q1 2017.

    Standalone Q4 2018 numbers

    Sun TV reported improved numbers across all important parameters for the quarter ended 31 March 2018 (Q4 2018, the quarter under review) as compared with the corresponding quarter of the previous year (yoy, Q4 2017). The company says in its earnings release that subscription revenue for the quarter increased by 27.7 per cent yoy to Rs 308.84 crore from Rs 241.94 crore.                   

    Sun TV reported 21.6 per cent higher standalone total income in the quarter under review at Rs 753.79 crore as compared to Rs 619.85 crore in Q4 2017. Operating revenue increased 23.1 per cent yoy to Rs 716.95 crore in Q4 2018 from Rs 582.50 crore in Q4 2017.

    The company’s profit after tax or PAT in Q4 2018 improved 22.8 per cent to Rs 289.76 crore as compared to Rs 235.91 crore in Q4 2017.

    Sun TV EBITDA in Q4 2018 was Rs 522.40 crore (72.9 per cent of operating revenue), 32.7 per cent higher as compared to Rs 393.64 crore (67.6 per cent of operating revenue) in Q2 2017.

    Total expenditure (TE) in Q4 2018 increased 18.3 per cent to Rs 314.47 crore as compared to Rs 265.72 crore in the corresponding quarter of the previous year.

    Operating expense in Q4 2018 increased 17.8 per cent yoy to Rs 72.73 crore from Rs 61.74 crore in the corresponding quarter of the previous year. Employee benefits expense in Q4 2018 increased 18.4 per cent to Rs 76.09 crore as compared to Rs 64.28 crore in Q4 2017. Other expenses (OE) in the Q4 2018 reduced 27.2 per cent to Rs 45.73 crore as compared to Rs 62.84 crore in the corresponding quarter of the previous year.